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Niger to reduce fuel prices after China loan rate cut

September 28, 2012 Comments Off on Niger to reduce fuel prices after China loan rate cut

September 28, 2012, 5:40 pm

NIAMEY (Reuters) – Niger will reduce the cost of fuel at the pumps by about 7 percent next year as a result of China cutting the interest rate on a loan taken out to pay for the West African country’s sole oil refinery, the oil minister said on state television.
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