China's Ambassador Gu
Kiaojie says his country’s crude oil importation from Nigeria has been steady
in the last five years.
Gu told the News Agency
of Nigeria (NAN) that contrary to insinuations, “China’s oil import from
Nigeria remains steady”.
“For the past four to
five years China has never reduced the volume of crude oil importation from
Nigeria, the volume remains stable,” he stressed.
The Chinese envoy, who
described the current trend in the crude oil market as a global phenomenon,
also said the global oil market was weak.
He blamed the trend on
weak global economy and the market forces of demand and supply, though he
admitted that China is not a major crude oil importer in the world.
“China steadly purchases
between two to three per cent of total global Nigerian crude oil export”
He advised Nigerians to
redouble their efforts in looking inward and see what they can produce locally
rather than relying on importation.
Apart from crude oil Gu
also said that China imports commodities like iron ore, soya beans from Nigeria
on regular basis.(NAN)
No comments:
Post a Comment