• Contact Us
  • About Us
Saturday, May 16, 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

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

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

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants
Energy

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

May 14, 2026
Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?
Energy

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

May 7, 2026
Nigerians Thrown Into Darkness As National Grid Collapses For Seventh  Time In 2024 |
Energy

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

March 31, 2026
Tinubu Swears-In Ministers Amid Slow Growth, Insecurity, Low Morale, Among Other Concerns
Energy

As Elections Draw Closer, FG Sets New Date For Power Generation Improvement

March 27, 2026
Next Post

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

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Oil Prices Climb More Than 3% On Fears Of New US-Iran Combat 

May 15, 2026
World Bank

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 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