KUALA LUMPUR, Oct 23 Pakatan Harapan leaders issued today demanded explanation and urged authorities to launch a thorough probe into the government’s decision to revive projects seen as legacies of Barisan Nasional mismanagement. The RM9.4 billion Trans Sabah Gas Pipeline (TSGP) and.
KUALA LUMPUR, Oct 22 Prime Minister Datuk Seri Ismail Sabri Yaakob must come clean on the continuation of the RM9.4 billion Trans Sabah Gas Pipeline (TSGP) and Multi-Product Pipeline (MPP) projects, urged DAP secretary-general Lim Guan Eng. In a statement today, Lim questioned the need for the.
Central Asia-China Gas Pipeline, Turkmenistan to China - Hydrocarbons Technology hydrocarbons-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbons-technology.com Daily Mail and Mail on Sunday newspapers.
Emmanuel Addeh in Abuja with agency report
The Nigerian National Petroleum Corporation (NNPC) through the federal government is seeking $1 billion to continue work on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline, a key project costing about $2.8 billion, after Chinese lenders, which had pledged to offer most of the funds, failed to disburse cash as quickly as expected, three sources privy to the matter told Reuters.
According to the report, it is the latest sign of falling Chinese financial support for infrastructure projects across Africa, after years of major Chinese lending for railway, energy, and other projects.
A spokesman for state oil company, Nigerian National Petroleum Corporation (NNPC), which is building the 614-kilometre (384-mile) pipeline, said it was still negotiating with the Chinese lenders – Bank of China and Sinosure – to cover $1.8 billion of the project cost.
Nigeria seeks $1 billion for key gas pipeline as it awaits Chinese lending reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.