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Category: Consumer Updates

NNPC, partners to earn over $760m revenue from OML 130 gas supply agreements

L-R: Mr. Toyin Adenuga, Managing Director of SAPETRO; Mr. Mike Sangstar, Managing of TEPNG; Malam Mele Kyari, GMD of NNPC; Mr. Yuguang Pan, Representative of CNOOC; and Mr. Emeka Phil Ebasie, Managing Director of Prime 130 Limited, at the execution of OML 130 Gas Supply Agreements Photo: NNPC Group

*The Nigerian National Petroleum Corporation says the sale structure of the agreements is designed to provide a clear delineation for the allocation of the gas…