Lagos - India and Netherlands have overtaken the U.S. as the top buyers of Nigeria's crude oil, reports Vanguard.
Recent figures from Nigerian National Petroleum Corporation (NNPC) showed that India accounted for 18.09 percent of total crude export of Nigeria in January. The figure represents about 11.811 million barrels of crude oil export.
Nigeria’s export to Netherlands stood at 8.889 million barrels of crude, representing 14 percent of the total crude export.
Europe, which is the largest regional importer of Nigerian oil, imported 34.377million barrels of crude, representing 52.64 percent total crude export while Asia and the Far East followed with the purchase of 15.67 million barrels.
Read more at Vanguard.
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