Ike Amos Abuja — The Nigerian National Petroleum Corporation, NNPC Sunday, declared a trade surplus of N15.04 billion for January…
Browsing: Direct-Sale-Direct-Purchase
Opeoluwani Akintayo Abuja — The Nigerian National Petroleum Corporation, NNPC, has issued its 2019 -2020 crude-for-product swap tender. According to…
OpeOluwani Akintayo 23 December 2018, Sweetcrude, Lagos — Nigeria’s revenue from oil, and gas dropped by 75 percent, a newly…
OpeOluwani Akintayo 03 November 2018, Sweetcrude, Lagos — The Nigerian National Petroleum Corporation, NNPC, has entered into a Direct Sale-Direct Purchase…
02 November 2018, Sweetcrude, Lagos — The Nigerian National Oil Corporation, NNPC, said on Thursday that it had signed a…
Ike Amos 10 October 2018, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation, NNPC, has reported a 35.78 percent increase…
“For example, we have discontinued sub-commercial business arrangements such as offshore processing arrangements, disadvantaged crude for product exchange swap and poorly-managed strategic alliances.”
Details of the transactions contained in the October 2017 edition of the Monthly NNPC Operations and Financial Report also indicated that 252.83 billion cubic feet of gas was supplied in the country within the period.
Ikem-Obih said, “We’re lean on capital, which is why we’re hoping that the private-sector people come and partner with us. A lot of work is going on.”
“The allegations against the NNPC GMD should not bee taken lightly. Years of corruption in the NNPC which has been unattended to has led to consequences against the vulnerable groups of the society.”