"Südschiene": Afrika-China

[Erich]

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China agrees $23bn Nigerian oil deal

By Tom Burgis in Lagos

Published: May 14 2010 22:02 | Last updated: May 14 2010 22:02

China has agreed to spend up to $23bn (€19bn, £16bn) to build oil refineries and other petroleum infrastructure in Nigeria, potentially strengthening its hand in the country as it seeks to secure 6bn barrels of crude reserves.
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