Friday 26 February 2016

NIGERIA’S CRUDE OIL LANGUISHES, AWAITS BUYERS

160912F.Crude-oil-barrels.jpg - 160912F.Crude-oil-barrels.jpgWhile Asian traders were mopping up Angola’s crude oil, Nigeria’s crude remains in ample supply, languishing as it waits buyers.

According to Reuters, Nigeria’s Erha programme surfaced after weeks of delays that traders said related to a disagreement between state oil firm Nigerian National Petroleum Corporation (NNPC) and the field operator, Exxon-Mobil.
 

No comments:

Post a Comment