Petroleum Africa
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Monday, November 5, 2018
In an effort to gain access to petrol Nigeria’s state-run firm, NNPC, entered into a six-month crude-for-product deal with BP Oil International, the crude trading arm of BP.
NNPC said in a statement that this latest agreement would represent 20% of the state-run firm’s petrol supply under the Direct Sale-Direct Purchase arrangement.
Head of NNPC, Maikanti Baru said his firm was committed to product availability by inviting new and old players to play in the Nigerian oil sector. He went on to say that as a reliable supplier, “We think BP is a brand that we can always partner with. We trust the company and have a good relationship with it.”
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