Thursday 8 October 2015

NNPC, INDEPENDENT PRODUCERS BICKER OVER ASSET OPERATION

NNPC, independent producers bicker over asset operationThere is disquiet over the best model for operating the oil assets acquired by some Independent Petroleum Producers, as the winners of the assets and the Nigerian National Petroleum Corporation (NNPC) are peddling various models in an ongoing raging debate.  

While the Independent Petroleum Producers want to take over the operatorship of the assets, Emmanuel Kachiukwu, the new group managing director of the NNPC allegedly prefers a different model which would still make the Nigerian Petroleum Development Company (NPDC) remain the operators of the assets.
 

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