To the People

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Thursday, June 25, 2009

Vladimir Putin Gets Some New Homeboyz


A friend alerted me to this BBC story, which only sounds like a Dave Chappelle skit:
Russia's energy giant Gazprom has signed a $2.5bn (£1.53bn) deal with Nigeria's state operated NNPC, to invest in a new joint venture.

The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria. (emphasis added.)

Analysts say the move could further strengthen Russia's role in supplying natural gas to Europe.

The agreement comes during a four-day African tour by Russian President Dmitry Medvedev.

As well as forming Nigaz, Russia is keen on developing a trans-African pipeline to transport Nigerian gas to Europe.
Read the whole BBC article here, which has a few more mentions of the company's name.

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