Nigeria's Seven Energy secures $255 mln from new backers

Nigeria's Seven Energy said on Tuesday it had secured $255 million from new backers, including Singapore state investor Temasek, to help fund its plan to build up a gas business in the West African country. Seven Energy, an indigenous Nigerian company, plans to buy gas fields and related infrastructure and pipelines to sell gas into Nigeria's domestic market for use in power generation and ...
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Added April 15, 2014
from Yahoo Nigerian News