Browsing: Qua Iboe terminal

“Areas much affected by the insecurity are the onshore and shallow water assets, where government take is higher. Hence, sustained security of onshore and shallow water locations remains a priority to restore production to peak levels,” the report noted.

She said the sum of N6.330 billion was refunded by the Nigerian National Petroleum Corporation (NNPC) to the federal government, adding that N35 billion PPT was proposed for distribution for August (including VAT), bringing the total to N510.270 billion.