Nigeria's NNPC and Exxon unit to tap bond market by 2016

ABUJA/GENEVA (Reuters) - Nigeria's state oil company and a subsidiary of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in their oil exploration joint venture, the companies said. Exxon and the Nigerian National Petroleum Corporation (NNPC) operate a joint venture with a capacity of more than 550,000 barrels per day of crude oil, condensate and gas liquids. ...
Read the rest of the story on Yahoo Nigerian News

Added May 23, 2013
from Yahoo Nigerian News