Nigerians in Brazil to Strengthen Oil Ties

Brazzil Magazine covers

A Nigerian delegation made up of lawmakers and entrepreneurs visited port installations in Rio de Janeiro and Niterói, is southeastern Brazil, on Friday, June 30.

According to Antônio Carlos Soares, president of the Rio de Janeiro Dock Company, which administers the state port system, the delegation was primarily interested in observing the structure being built in the Port of Niterói to meet the expansion of the petroleum industry.

The Nigerians’ visit is the first step towards the establishment of partnerships between the Brazilian and Nigerian port systems, as well as an opportunity to promote trade agreements.

"They are here for the specific purpose of accompanying our experience, especially in the area of offshore activities," Soares remarked.

According to the executive, the Niterói unit will be one of the chief support bases for offshore production in Latin America and should begin operating in October of this year.

Besides supporting the activities of petroleum platforms in the Campos (Rio de Janeiro state) and Santos (São Paulo) basins, the port terminal will have an infrastructure to perform naval repairs.

This area is of interest to Nigeria, since it is Africa’s largest producer of petroleum, which accounts for 90% of its exports.

"Nowadays Brazil is becoming a world showcase in this sector (deep-sea petroleum production), and the Nigerians’ visit today is precisely to form closer ties and promote a greater exchange between Brazil, Nigerian ports, and Brazilian foreign trade," he said.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Despite Record Beef Exports Brazilian Cattle Ranchers Can’t Make a Profit

For the third consecutive year, Brazilian cattle ranchers had a loss of revenue, in ...

Brazzil Magazine covers

Brazil Exports 804 Soccer Players in 2005 and Makes US$ 1 Billion in a Decade

Between 1994 and 2005 Brazil exported soccer players to foreign clubs valued in over ...

Brazzil Magazine covers

Strong Real Hurts Brazilian Agribusiness

New data for the Brazilian government show that weak performance in Brazil’s agricultural sector ...

Brazzil Magazine covers

Time for Reform

Immobilism and stalemate are inappropriate terms to describe Brazilian politics today. The political process ...

Brazzil Magazine covers

Brazil’s Congressional Enquiry Tracks Election Money in the US

Members of Brazil’s Joint Parliamentary Investigatory Commission (CPMI) on the Post Office will travel ...

Brazzil Magazine covers

TAM Adds Italy and NY Red-Eye Flight to Its International Routes

Brazilian airline TAM has received official authorization from ANAC (Agência Nacional de Aviação Civil), ...