Nigeria’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.
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. Read More
Latest posts by ET Energy World (see all)
- Why give free power to rich Haryana and Punjab farmers: HC - May 21, 2019
- New layouts to reserve 0.5% land for power infrastructure - May 21, 2019
- Adani Green Energy, ReNew Power only bidders in hybrid auction - May 21, 2019