NNPC

NNPC, Seplat seal five deals for 300mmscfd gas plant in Imo

The Nigerian National Petroleum Corporation, NNPC, Monday, signed five agreements with Seplat Petroleum Development Company, SPDC, for the Assa North and Ohaji South (ANOH) gas development scheme, which would see the construction of an initial 300 million standard cubic feet per day (mmscfd) gas processing plant in Imo State.
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FAAC: NNPC deducts N139bn for subsidy in 3 months

ABUJA—Nigerian National Petroleum Corporation, NNPC, deducted N139.333 billion as subsidy for Premium Motor Spirit, PMS, also known as petrol, from its domestic crude oil and gas sales proceeds between January and March 2018, cutting down on its remittances to the Federation Account.

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