NNPC award oil contracts to 50 to trading, refining, and marketing firms

NNPC award oil contracts to 50 to trading, refining, and marketing firms

NNPC awarded 50 companies 1.59 million bpd of oil for the period from August 2011 to July 2013, according to the Dow Jones Newswire report the deals are worth $159 million per day.
The oil contracts allocating oil supplies to trading, refining, and marketing firms have been issued by NNPC and have been signed. The contracts are for a set of deals over coming year that are worth an estimated $60 billion.
>Oil and Gas Press

#FOLLOW US ON INSTAGRAM