Nigerian National Petroleum Corporation (NNPC) has released names of 39 bidders for the sale and purchase of Nigerian crude oil for 2017/2018. Those listed are among a total of 224 bids submitted by companies seeking to purchase and lift Nigerian crude oil grades for the period 2017/2018.
NNPC Group General Manager (crude oil marketing division), Mr Mele Kyari, said the list comprises 39 winners with 18 Nigerian companies, 11 international traders, five foreign refineries, three National Oil Companies (NOCs) and two NNPC trading arms.
The indigenous beneficiaries are Oando, Sahara Energy, MRS Oil and Gas, AA Rano, Bono, Masters Energy, Eterna Oil and Gas, Cassiva Energy, Hyde Energy and Brittania U.
Others are Northwest Petroleum, Optima Energy, AMG Petroenergy, Arkiren Oil and Gas Limited, Shoreline Limited, Entourage Oil, Setana Energy and Prudent Energy.
The international beneficiaries are Trafigura, Enoc Trading, BP Trading, Total Trading, UCL Petroenergy, Mocho, Tevier Petroleum, Heritage Oil, Levene Energy, Glencore and Latasco supply and trading.
The five foreign refineries are Hindustan refinery, Varo energy, Sonara refinery, Bharat petroleum and Cepsa while the NOCs are India oil company, China (Sinopec) and South Africa (Saccoil).
Listen to the station live HEREPlease subscribe to our newsletter