US shows more interest in Nigeria’s oil

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US Under Secretary of State for Political Affairs, Ambassador Wendy Sherman paid a visit to Nigeria’s Petroleum Minister, Diezani Alison-Madueke

US Under Secretary of State for Political Affairs, Ambassador Wendy Sherman paid a visit to Nigeria’s Petroleum Minister, Diezani Alison-Madueke

Despite looking inwards to quench its oil thirst, the United States of America has indicated high interest in Nigeria’s oil.

This was made known Monday when the US Under Secretary of State for Political Affairs, Ambassador Wendy Sherman paid a visit to Nigeria’s Petroleum Minister, Diezani Alison-Madueke.

Ambassador Shermen said US looks forward to stronger ties with Nigeria in business.

“The United States looks forward to continuing with a strong partnership both here in Nigeria, in the region and throughout the world,” she said.

The US Under Secretary who was accompanied to the meeting by the Special Envoy for International Energy Affairs, Carlos Pascual and the US Ambassador to Nigeria, Terence Mc Culley, pledged continuation of the US/Nigeria bilateral trade relationship.

Of recent, the US government has approved more crude oil exploration and production activities in its territories. There are estimated 2000 oil wells currently either under constructions or about to commence in the country.

Nigeria is among the top ten suppliers of crude oil to the United States. With the current shortfall in the global oil supply as a result of sanction imposed on Iran and disruption of Northern Sudan’s oil supplies, there are growing concerns in the supply chain.

Sherman described Alison-Madueke as a visionary leader and said that the United States will continue to partner with Nigeria in the oil sector as well as other areas of common interest.

In : Energy