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    NNPC issues two-year crude oil contracts to energy leaders

    Chronicle EditorBy Chronicle EditorMay 14, 2018No Comments1 Min Read
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    Energy sector: Okadigbo seeks gender equality 
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    NNPC has issued crude oil contracts that are expected to last two years

    NNPC has issued crude export contracts that are expected to last two years instead of the usual one year, trading sources familiar with the matter said on Monday.

    A partial preliminary list showed 30 companies including the world’s largest energy traders Vitol, Trafigura and Glencore.



    The final list could contain between 50 to 60 companies, the sources added.

    The state oil firm did not immediately respond to a request for comment.

    READ: Life Expectancy: Nine facts about how long you will live

    The list has emerged later than usual.

    In 2017, NNPC published results in January awarding contracts to 39 companies.

    Other companies included in partial 2018 list are Total, Spain’s Cepsa, the trading arm of Azerbaijan’s Socar and Lukoil’s trading subsidiary Litasco.

    Switzerland-based Mocoh and Petraco, Lebanon’s BB Energy and Nigerian firms Sahara Group, Eterna and Oando were also among those on the list.

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    Army denies viral claim on Gen Oseni Braimah's death

    Army denies viral claim on Brig-Gen Oseni Braimah’s death

    April 10, 2026
    Tottenham manager Roberto de Zerbi

    De Zerbi promises to keep Tottenham in Premier League

    April 10, 2026
    Troops kill 10 terrorists in Plateau

    Troops kill 10 terrorists in Plateau

    April 10, 2026
    'A national disgrace', NBA condemns Ozoro festival assault on women

    NBA warns against court involvement in political party issues

    April 10, 2026
    Terrorists

    Terrorists kill eight in fresh Plateau attack

    April 10, 2026
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