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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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    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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    IGP Tunji Disu addressing civil society representatives ahead of the Osun governorship election in Abuja.

    Osun poll: Police pledge neutrality, warn against vote buying, violence

    August 7, 2026
    Falana urges US Congress to sanction Trump over ‘illegal invasion’ of Venezuela

    Falana says EFCC acted lawfully in freezing Osun account

    August 7, 2026
    Broda Shaggi shares an emotional message with fans months after an alleged shooting during a filming session.

    Broda Shaggi vows comeback after narrowly escaping death

    August 7, 2026
    Trump renews bid to restrict US birthright citizenship with new orders

    Trump signs new executive orders to curb US birthright citizenship

    August 7, 2026
    Atiku Abubakar calls for a live public hearing into the alleged fake Presidential Foreign Investment Promotion Council (PFIPC) scandal.

    Atiku demands live public hearing, full ICPC report on PFIPC scandal

    August 7, 2026
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