* Says Nigeria plans to ramp up production to feed reconfigured refineries
Any report that global crude oil demand could collapse anytime soon is unrealistic, particularly given Africa’s increasing economic growth and the reopening of China’s economy, Mallam Mele Kyari, Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), has said predicted.
China’s eventual reopening and slow growth in crude oil supply mean the global oil market would run out, Kyari, who also said on…