It is expected that execution of this agreement would end the long standing cash call challenges that have impacted the Nigerian oil and gas industry over the years.
Browsing: Joint Venture Cash Call funding
Baru noted that the current JV payment structure requires urgent review, adding that the new model being proposed by the NNPC would enable the Corporation plough back profit and grow the oil and gas business in the upstream for the benefit of all stakeholders.
04 January 2016, Abuja – The Nigerian National Petroleum Corporation NNPC has swept all the proceeds it made from oil and…