In a statement provided by the company founded by Mr. Igho Sanomi, Taleveras stated that in line with the swap agreement, its reconciliation exercise was finalised on May 5 to 8, 2015 with NNPC, while deliveries of petrol to wind down in June 2015 are presently progressing according to plan as contained in the terms and conditions of the agreement.
Monday, 8 June 2015
NNPC OIL SWAPS: TALEVERAS SAYS IT WAS NOT ASKED TO REFUND $115M
Oil and gas trading firm, Taleveras Petroleum Trading BV, has provided clarification on its involvement in the crude for petroleum products exchange agreement, better known as crude oil swaps, with the Nigerian National Petroleum Corporation (NNPC).
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