The Nigerian National Petroleum Corporation (NNPC) has said that compliance with Nigerian Content Act would be a major consideration in the selection of applicants to lift Nigerian crude oil.
This comes as the state-owned oil company has issued a tender inviting qualified and reputable companies for the sale, purchase and lifting of Nigerian crude oil grades.
According to an announcement on the corporation‘s Twitter handle, it aims to sell Nigerian crude oil grades on a Free-On-Board (FOB) basis, subject to the execution of a Sales and Purchase Agreement with the qualified assigned buy...for further reading, click on https://businessday.ng/energy/oilandgas/article/nnpc-says-local-content-major-consideration-for-lifting-nigerian-crude-grades/
Source: BusinessDay Newspaper Sept 3, 2020.