NNPC Disowns The List 50 Contracted Oil Lifters

By Akin Akingbala on May 21, 2018 Business

The Nigerian National Petroleum Corporation (NNPC) on Monday disowned a list of 50 international and indigenous companies believed to have been awarded contracts to lift Nigeria’s crude oil under the 2018/2020 trading year, describing it as “not official.”

In a statement to Premium Times, NNPC’s spokesperson, Ndu Ughamadu said, “I have told you the official list is not ready. What is circulating in the media is not the official list. The authentic list will be released soon. We are taking time to release it because we want to do a thorough job. We are taking time to scrutinize all the companies, to ensure only the best would be selected.”

Those on the list include BB Energy of Lebanon; CEPSA (Spain); Vitol (Britain); Total Nigeria PLC (France); Indian refiner, Hindustan Petroleum Corporation Limited (HPCL); LITASCO SA, the trading arm of Russia’s Lukoil; Petrobras Group (Brazil) and Socar Trading Group, the trading arm of Azerbaijan’s Socar.

Others are SacOil Energy Equity Resources (SEER) (Efora Energy) Limited of South Africa; Sonara National Refining Company of Cameroon; ZR Energy (Trafigura) and Calson (Bermuda) Limited. And 5 Switzerland based firms namely: Augusta Energy, Glencore, Mocoh Oil & Gas Limited, Petraco Oil Company and Trafigura.

The local companies on the list include AA Rano Nigeria Limited, AIPEC Oil & Gas Limited, AMG Petroenergy Limited, Arkleen Oil & Gas Limited, Barbedos Oil & Gas Services Limited, Bono Energy, Cassiva Limited, Emadeb Energy Services Limited, Eterna Eterna Oil & Gas Company PLC, Cretus and Gladius Commodities.

Others include Hinstock, Leighton Petroleum Limited, Levene Energy Development Limited, Masters Energy Limited, Matrix Energy Group, MRS Oil Nigeria PLC, Northwest Petroleum & Gas Company Limited, Oando PLC, and Ocean Bed Trading Limited (BVI), Propetrol Nigeria Limited, Prudent Energy & Services Limited, Sahara Group, Setana Energy, Setraco Nigeria Limited, Shoreline Energy, Ultimate Gas (Rahamaniyya), Voyage Oil & Gas Limited, West African Gas, Zitts & Lords Group, Obat Oil & Gas and Duke Oil Company Inc.

About Author

Akin Akingbala

Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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