Nigerian oil minister discusses investment prospects with Saudi Aramco

Nigerian Oil Minister Emmanuel Kachikwu met the president of Saudi Aramco to discuss investment options in the mid and downstream sector, Nigeria's petroleum ministry said on Wednesday in a tweet.

“Kachikwu and Aramco officials including its president discussed areas of shared investment interests and existing viable investment options in the midstream and downstream sector,” the petroleum ministry’s Twitter feed said.

In another tweet, it said Kachikwu held talks with Saudi Arabia's energy minister to "cement the budding interest to support Nigeria's infrastructure development in the oil sector."

Kachikwu is on an official visit to Saudi Arabia.

Last month, Nigeria's state oil company said it was in talks with different consortiums to revamp its refineries and save billions of dollars on fuel imports.