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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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    Terrorists

    Terrorists kill eight in fresh Plateau attack

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    Boko Haram member sentenced to death for terrorism offences in Adamawa, Borno

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    Terrorists kill 24, raze churches, mosque in Kebbi

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    Terrorists

    Terrorists kill eight in fresh Plateau attack

    April 10, 2026
    Boko Haram displays kidnapped victims in Borno

    Boko Haram displays kidnapped victims in Borno

    April 10, 2026
    Boko Haram member sentenced to death for terrorism offences in Adamawa, Borno

    Boko Haram member sentenced to death for terrorism offences in Adamawa, Borno

    April 10, 2026
    Cleric warns against recruiting 'repentant' terrorists into Nigerian Army

    Cleric warns against recruiting ‘repentant’ terrorists into Nigerian Army

    April 10, 2026
    Brigadier General killed in fresh Boko Haram attacks in Borno

    Tinubu confirms Brig-Gen Braimah’s death after Boko Haram attack in Borno

    April 10, 2026
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