BusinessDay: Kenya Turns to Nigeria for Crude Oil, Gas at Discounted Prices

With proposed electricity generating plants that are expected to reduce the overall cost of power and of doing business in the country, Kenya is seeking to buy crude oil and natural gas from Nigeria at concessionary prices to fire up the plants. Nigeria, in the past few years, has seen significant decline in the imports of its crude oil and gas from the United States, a development that has deepen the need for the African top oil producer to ramp up efforts toward finding new markets. MORE