ANXIETY OVER MEMO BANNING 113 VESSELS FROM LIFTING OIL

One of the rather more intriguing issues in the nation’s capital, Abuja, is the origin of the recent Presidential directive reflected in a memo by an official of the Nigerian National Petroleum Corporation (NNPC) banning 113 vessels from crude oil/gas loading activities in any of the 27 terminals in Nigeria “until further notice.” The ban, however, is causing ripples in the international oil and gas industry.

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