Friday 3 July 2015

NIGERIA NETS N66.13B FROM PETROLEUM PRODUCTS EXPORT

South Korea turns to cheap spot crudes from Nigeria TheNigerian National Petroleum Corporation (NNPC) has disclosed that the Pipelines and Product Marketing Company (PPMC) exported 634.89 million litres of Low Pour Fuel Oil (LPFO) and Naphtha worth about N66.13 billion in 2014.

The figure however, represents over 50 per cent decline from the N116.67 billion it recorded in the previous year.

Read more @ Guardian

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