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China Wants to Import More Oil From Nigeria

Despite instability in crude oil prices, global production at record highs and Iran coming back on line to produce more oil than analysts expected, China wants to import more crude oil from Nigeria. In an interview with the Nigerian News Agency, Zao LingXiang, economic and commercial counselor of the Chinese Embassy in Nigeria, said, “In my opinion, it really doesn’t matter whether Iran comes back or not. Chinese companies want to import more crude oil from Nigeria.” The total amount...

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