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Demand in Morocco seals $1.4bn deal for Nigerian gas

...As NNPC seeks equity stakes in joint venture company

High demand for Nigeria’s gas by Morocco has enabled a landmark $1.4 billion deal finally sealed Tuesday between the Nigeria Sovereign Investment Authority (NSIA), OCP of Morocco as well as Akwa Ibom State to develop a plant where Ammonia and Di-ammonium Phosphate will be produced. The new deal comes under NSIA Gas Industrialisation Strategy and…

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