Author Nigeria to expand crude exportation to more countries – NNPC Trading  (Read 251 times)

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Nigeria to expand crude exportation to more countries – NNPC Trading


The Managing Director, NNPC Trading Limited, Ibrahim Waya, said the Corporation has set the necessary machinery in motion to expand Nigeria’s crude export to more countries, The Guardian reports.

He disclosed: “We are currently negotiating with Pertamina, Indonesia’s state oil company, and we are also in talks with them for supply of Nigerian crude oil grades. We have started discussing with Serak Refinery in Congo Republic, because they have undertaken an expansion programme in their refinery that would see them take an additional 500,000 barrels per day of crude, and we want to take up that contract.”

“Our vision is for us to go as far as Mexico to bid for term contracts, go to Brazil [for companies] like Petrobras to bid for term contracts, go to Norway just like Statoil is coming here to bid for contracts, we want to go to Norway and do the same,” he added.

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