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Nigaz

Joint venture between Gazprom and the Nigerian National Petroleum Corporation From Wikipedia, the free encyclopedia

Nigaz
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Nigaz is an energy exploration and generation company operating throughout Nigeria, specializing in the construction of oil and gas refineries, pipelines, and gas power stations.[1] It is a joint venture between the Russian gas company Gazprom EP International B.V. (100% affiliate of OAO Gazprom) and the Nigerian National Petroleum Corporation.[2]

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Logo of Nigaz

It plans to invest 2.5 billion US Dollars to build oil and gas refineries, pipelines and gas power stations in Nigeria.[3] Launching the company, Russian president Dmitry Medvedev announced his intention to form a major energy partnership with Nigeria at a meeting in Abuja with Nigerian president Umaru Yar'Adua.[4]

The company's name, a portmanteau of "Nigeria" and "Gazprom", attracted media attention because of its similarity to the potentially offensive word "niggaz", a plural form of "nigga", a slang derivative and reclaimed word from "nigger", in African American Vernacular English.[3][5]

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