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The Nigerian National Petroleum Company Limited (NNPC) has again moved to revive its ailing refineries, announcing yesterday the signing of a Memorandum of Understanding (MoU) with two Chinese companies for a potential Technical Equity Partnership (TEP) for the completion and operation of the facilities in Port Harcourt and Warri. The Chinese firms, a statement from the national oil company disclosed, are: Sanjiang Chemical Company Limited as well as Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd...................... READ MORE |