Thursday 26 November 2015

STAKEHOLDERS LIST CHALLENGES OF PETROLEUM INDUSTRY

NNPC GMD, Ibe KachukwuLow capacity utilization of refineries, proliferation of non-additive lubricants, underfunding of Joint Ventures (JVs) and poor pricing of products, have been identified by stakeholders as some major challenges confronting Nigeria’s oil and gas sector.

Specifically, they raised alarm over the importation of non-premium quality base oil, which are high in sulphur and ash content into the Nigeria’s lubricant market.

Read more @ The Guardian

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