Business

Nigeria awards two of three gas pipeline deals

The Nigerian National Petroleum Corporation (NNPC) said on Friday it had awarded two of three gas pipeline contracts which in total will be worth more than $2.8 billion.

One contract for a roughly 200 km (124.27 miles) stretch of the 614 km Ajaokuta-Kaduna-Kano pipeline and stations was awarded to Oando PLC and OilServe, the state oil company said in a statement.

Another stretch of about 200 km was given to a partnership between China Petroleum Pipeline Bureau and Brentex, NNPC said.

It did not say how much each individual contract was worth. A third contract will be executed in the coming weeks, NNPC said. Reuters