Last week Russia's energy giant Gazprom formed a $2.5 billion joint venture with Nigeria's oil company NNPC to build refineries, pipelines and gas power stations in Africa's most populous nation. But while this deal has been celebrated as reinforcing Russia's position within Europe, the reaction among some Nigerians has been far from ecstatic. One group on Facebook calling itself 'Nigerians No Nigaz' writes 'How more derogatory can it be ... to set up a NEW company for the JV and name it NIGAZ...this is derogatory - surely not Nigerian-like.'
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Russia's energy giant Gazprom has signed a $2.5bn (£1.53bn) deal with Nigeria's state operated NNPC, to invest in a new joint venture.
The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria.
Analysts say the move could further strengthen Russia's role in supplying natural gas to Europe.
The agreement comes during a four-day African tour by Russian President Dmitry Medvedev.
As well as forming Nigaz, Russia is keen on developing a trans-African pipeline to transport Nigerian gas to Europe.
This could further reinforce Gazprom's already-strong influence over Europe's energy supplies.
The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria.
Analysts say the move could further strengthen Russia's role in supplying natural gas to Europe.
The agreement comes during a four-day African tour by Russian President Dmitry Medvedev.
As well as forming Nigaz, Russia is keen on developing a trans-African pipeline to transport Nigerian gas to Europe.
This could further reinforce Gazprom's already-strong influence over Europe's energy supplies.
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Doesn't a story like this mean anything to you? Do you need to have the ancestors pinch you in the ass, poke you in the eye? ...don't forget...his name was MADEOFF. 'Pon Rome pinnickle, idren showa likkle signs like dis SHOUTED down fm de eldas 2 'new' ini ears, awo.
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