• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, July 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Buhari, Kyari Showcase Oil & Gas Investment Opportunities in Spain

by Agency Report
3 years ago
in Business
Oil & Gas Investment Opportunities in Spain
Share on WhatsAppShare on FacebookShare on XTelegram

Group managing director/CEO of the Nigeria National Petroleum Company, (NNPC) Ltd, Mallam Mele Kyari has reiterated his commitment to sustain the strategic energy partnership between Nigeria and Spain.

Advertisement

Kyari disclosed this while addressing Nigerian and Spanish business leaders on investment opportunities in the Nigerian Oil and Gas Industry, in Madrid, Spain, on the sidelines of President Muhammadu Buhari’s state visit to Spain, Wednesday, a statement by NNPC spokesman, Garba Deen Mohammed, has indicated.

President Buhari had earlier met with the Spanish President, Pedro Sanchez, King of Spain, His Majesty, King Filipe VI, and gave a speech at the headquarters of the World Tourism Organization, WTO, in Madrid.

During the visit, President Buhari said Nigeria looked forward to increasing bilateral relations with Spain, even as he signed bilateral agreements and Memorandum of Understanding (MoUs) with the Spanish leader, covering areas of prisoner transfer, sports and culture and the economy.

Describing the partnership between Nigeria and Spain as an important one for the NNPC, GMD/CEO said “26 per cent not of all LNG produced in Nigeria ends up in Spain. 14 per cent of all Crude Oil produced in Nigeria ends up in this country. Clearly for us as a business, it is an important market for my company.”

RELATED

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

14 hours ago
At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

21 hours ago

Mallam Kyari explained that the world would need energy for today and for the future in industries such as power, IT, automobile etc.

“We know that energy transition is real. We know that net-zero by 2050-2060 is real.  But it doesn’t mean zero hydrocarbons in 2050-2060. It means that you are going to have a cleaner use of hydrocarbons,” Kyari added.

He said investors must see where their money can come out from and when they invest, they must see that they can recover their cost and make some margin from it.

While noting that in line with global acceptance of gas as a transition fuel, Nigeria has since declared 2021-2030 as the decade of gas.

“In our country today, we have a legislation that has clearly created a commercial National Oil Company which will be unveiled by our President in the coming days. Together with the Spanish business community, I am confident we can build this industry,” Kyari concluded.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

CBN Releases Guidelines For Registration, Operation Of Bank Neutral Cash Hubs

Next Post

Lekoil Asks Court To Penalise Savannah Energy For Contempt

Agency Report

Agency Report

You May Like

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt
Business

ASO Savings Clears 10-yr Backlog Of Audited Accounts, Sustains Profitability Under New Mgt

2025/07/04
At LEADERSHIP Twitter Spaces: AMCON Creates Moral Hazard For Banking Industry – Analysts
Business

AMCON Sells 60% Stake In Ibadan DisCo For N100bn

2025/07/04
NADF Unveils Digital Tool To Track N19.5bn Agri-support Project
Business

NADF Unveils Digital Tool To Track N19.5bn Agri-support Project

2025/07/04
Business

FG Begins Vehicle Recycling Enforcement October, Eyes N60bn Annually

2025/07/04
Zenith Bank Emerges Most Sustainable Bank
Business

Zenith Bank Ranked Nigeria’s Top Tier 1 Bank

2025/07/04
GTCO, 7 Others Post N1.3trn Pre-tax Profit In Q1
Business

GTCO Raises $105m In Share Sale, To List On London Exchange

2025/07/04
Leadership Conference advertisement

LATEST

Worrisome Discord In Opposition Coalition

C’River Plans Coffee Revival With ₦700m Subsidy For Farmers

NMA Seeks Dialogue With FG To Avert Health Sector Crisis

NAOWA Presents Food, Cash To Widows Of Fallen Heroes

State Govt, Experts Collaborate On New Bauchi City

Court Detains Philanthropist, 3 Others Over Killing Of PDP Chieftain

ALGON Congratulates Gov Sani Over Award

Katsina Partners PEBEC To Accelerate Business Enabling Reforms

42 Kwara Students Inducted As Hygiene Ambassadors

Wike’s Aide Faults ADC Spokesman On PDP’s Wrangling

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.