India ahas replaced the United States of America as the largest importer of Nigeria’s crude with China and Malaysia following closely, the Nigerian National Petroleum Corporation (NNPC) said yesterday. Nigeria has been facing dwindling crude oil sales to the United States as shale oil and gas production there has increased, reducing demand for imports. India now purchases some 30 percent of Nigeria’s daily crude production which currently hovers around 2.5million barrels, while crude oil sales to the US by now stands at about 250,000 barrels per day, according to a statement by NNPC’s spokesman Ohi Alegbe. Speaking in Moscow, Russia at the on-going 21st World Petroleum Congress, Coordinator Corporate Planning and Strategy, Nigerian National Petroleum Corporation, Dr. Tim Okon also told newsmen that the Asian countries have since replaced the US as the biggest consumers of Nigerian crude. Dr. Okon, who also doubles as the Director of Transformation of […]