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crude oil swap contracts

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Nigeria’s NNPC Ends Crude Swap For Cash

The Nigerian National Petroleum Company Limited (NNPCL) has ended the crude oil swap deal and adopted cash tenders for fuel procurement. The move, as reported by Reuters, signifies a departure from a decade-old practice aimed at eliminating costly fuel subsidies and bolstering
October 13, 2023

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