{"id":26171,"date":"2014-06-20T07:47:33","date_gmt":"2014-06-20T07:47:33","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=26171"},"modified":"2014-06-20T07:47:33","modified_gmt":"2014-06-20T07:47:33","slug":"india-overtakes-us-as-nigerias-biggest-oil-importer","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=26171","title":{"rendered":"India overtakes US as Nigeria&#8217;s biggest oil importer"},"content":{"rendered":"<p id=\"story_continues_1\">India has taken over from the US as the largest importer of Nigerian oil, the West African state&#8217;s national oil company has said.<\/p>\n<p>The US has &#8220;drastically reduced&#8221; its demand for Nigeria&#8217;s crude oil in recent months, the Nigerian National Oil Corporation said.<\/p>\n<p>The country is currently buying about 250,000 barrels a day.<\/p>\n<p>India now buys considerably more &#8211; about 30% of the country&#8217;s 2.5 million barrels of production.<\/p>\n<p>US demand for imported oil has fallen sharply because of increasing domestic shale gas and oil production &#8211; so much so that the International Energy Agency and oil giant BP both forecast that the country will be largely energy independent by 2035.<\/p>\n<p>&nbsp;<\/p>\n<p>Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has taken over from the US as the largest importer of Nigerian oil, the West African state&#8217;s national oil company has said. The US has &#8220;drastically reduced&#8221; its demand for Nigeria&#8217;s crude oil in recent months, the Nigerian National Oil Corporation said. The country is currently buying about 250,000 barrels a day. India now [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[22,4],"class_list":["post-26171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-medcirclesgh","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26171"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/26171\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/26172"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}