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Keyword: nigaz

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  • Gazprom seals $2.5bn Nigeria deal (Joint venture will be named Nigaz. Not a joke)

    07/03/2009 11:45:25 PM PDT · by Vendome · 27 replies · 825+ views
    BBC ^ | 6/25/2009 | ?
    Russia's energy giant Gazprom has signed a $2.5bn (£1.53bn) deal with Nigeria's state operated NNPC, to invest in a new joint venture.The new firm, to be called Nigaz, is set to build refineries, pipelines and gas power stations in Nigeria.
  • Racism debate after Russian and Nigerian gas companies combine to form 'Nigaz'

    07/02/2009 9:07:29 AM PDT · by FromLori · 70 replies · 1,694+ views
    Live Leak ^ | 7/2/09
    When a $2.5billion international venture is being planned you might expect there to be hours of debate over what to call it. Yet branding is not the forte of some companies, it seems. Russian Energy giant Gazprom has inadvertently walked into a racism row with the announcement of its joint venture in Nigeria - Nigaz. Russian President Dmitry Medvedev and his Nigerian counterpart Umaru Yar'Adua last week agreed the deal to build refineries, pipelines and gas power stations in Africa's most populous nation. The name is meant to be an amalgamation of 'Nigeria' and 'Gazprom', pronounced 'nye-gaz', but it can...