Off the wire
• Beijing extends orange alert for air pollution  • Chinese prosecutors file cases against four local officials  • Japan PM says no immediate plan for dissolving lower house, priority on economy  • Nigeria reiterates ban on importation of rice, vehicles through land borders  • UNWTO Secretary General stresses need for sustainable tourism  • Roundup: Indonesia terminates business deals with U.S.-based JP Morgan bank  • China issues alerts for smog, fog  • China Coast Guard vessels patrol Diaoyu Islands  • China's Syrian issue envoy to travel abroad to work on political solution  • Tianjin: 500 electric buses hit roads in China's latest clean energy push  
You are here: 　 Home

Nigeria to sale crude oil to 39 bidders in 2017/2018

Xinhua, January 4, 2017 Adjust font size:

Nigeria on Wednesday released names of 39 bidders for the sale and purchase of Nigerian crude for 2017/2018.

The contract would run for one year effective from Jan. 1 for 12 consecutive circles of crude oil allocation, the Nigerian National Petroleum Corporation (NNPC) said in a statement reaching Xinhua.

The list comprises 39 winners with 18 Nigerian companies, 11 International Traders, five foreign refineries, three National Oil Companies and two NNPC trading arms.

During the bid opening on Nov. 26, 2016, the Group Managing Director of the corporation, Maikanti Baru, assured the public that NNPC would ensure due process, transparency and fairness in the selection process. Endit