NNPC seals new crude-for-fuel swaps deal for one year -sources
NNPC seals new crude-for-fuel swaps deal for one year -sources Emma Tochi is Naija247news Media Northern Bureau Chief, he's based in FCT Abuja. He overseas the northern operations of this business media Nigeria’s state oil firm NNPC has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August, sources with direct knowledge of the matter said. The list includes major Swiss trading firms Trafigura, Vitol and Mercuria, oil major Total as well as large Nigerian traders Sahara Energy, Oando and MRS Oil. The contracts, known as direct sale, direct purchase (D...