Nigerian state oil company NNPC cancelled a tender it issued last week to buy up to 1.55 million tonnes of gasoline from January to April, sources said on Monday
The company was seeking 42 cargoes of gasoline, each 37,000 tonnes, on top of the volumes NNPC is taking via ongoing crude-for-product swap contracts
Sources said it cancelled the tender after gasoline prices spiked on the news that it was looking to purchase the relatively substantial volume of fuel
