July, 10
Nigeria Is Interested in Russian Investments
On July 10, Russian Deputy Minister of Energy Anatoly Yanovsky held talks with the chairman and CEO of Petrolex Oil And Gas Ltd Segun Adebutu. At the meeting the parties discussed Russian-Nigerian cooperation in the oil and gas sector, and Segun Adebutu expressed the interest to attract

During the meeting the parties agreed to send clarifying materials for further study.

Petrolex Group is an integrated energy conglomerate that provides services spanning across refining, storage, distribution and retailing of petroleum products. According to its own sources, the company possesses 300 million-litre tank farm, 30 loading gantries, 4000-truck capacity park, one 30kt vessel, 16 barges, and 8 tugboats.