• Contact Us
  • About Us
Saturday, September 26, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

NNPC issues crude oil contracts expected to last 2 years

metro by metro
May 15, 2018
in Energy
0
NNPC
0
SHARES
0
VIEWS

NNPCNigeria’s state oil firm NNPC has issued crude export contracts that are expected to last two years instead of the usual one year, trading sources familiar with the matter said on Monday.

A partial preliminary list showed 30 companies including the world’s largest energy traders Vitol, Trafigura and Glencore.

Read Also

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

CPMZ launches major expansion of strategic Southern African fuel corridor

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

The final list could contain between 50 to 60 companies, the sources added.

NNPC did not immediately respond to a request for comment.

The list has emerged later than usual.

In 2017, NNPC published results in January awarding contracts to 39 companies.

Other companies included in partial 2018 list are Total, Spain’s Cepsa, the trading arm of Azerbaijan’s Socar and Lukoil’s trading subsidiary Litasco.

Switzerland-based Mocoh and Petraco, Lebanon’s BB Energy and Nigerian firms Sahara Group, Eterna and Oando were also among those on the list.

Tags: crude oilNNPC
Previous Post

Kaduna poll official result: APC 12, PDP 5

Next Post

Nigerian annual inflation falls to more than two year low in April

Related Posts

NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

NERC Orders DisCos To Channel 60 Percent Operational Revenue Into CapEx

September 7, 2026
Economic Development

CPMZ launches major expansion of strategic Southern African fuel corridor

September 3, 2026
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

Double Whammy As DisCos Fail To Collect N669.5bn Billed Electricity Charges Amid Nigerians Sitting In Darkness

August 27, 2026
IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut
Energy

IEA Cuts 2026 Oil Demand Forecast Again As Hormuz Remains Shut

August 12, 2026
Next Post

Nigerian annual inflation falls to more than two year low in April

WHO conducts preliminary assessment of Ethiopian Food and Drug Authority’s Medicines Quality Control Laboratory toward WHO listing of quality control laboratories

September 24, 2026
Bonds Shaky, Oil Eases Off Highs Amid Trade, Peace Talks

Bonds Shaky, Oil Eases Off Highs Amid Trade, Peace Talks

September 24, 2026
FG considers foreign exchange reforms as dollar shortages bite

Dollar Perched At Two-month High As Hot PMI Fuels Inflation Fears, Rate Hike Bets

September 24, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version