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NIGERIAN NATIONAL PETROLEUM CORPORATION
The gas firm has been able to sell the excess supply at a discount in the spot market.
The project will boost domestic gas consumption, power generation, and industrialization.
The NNPC also published the audited accounts of its 20 subsidiaries and business divisions.
The facility is one of the 12 hospitals which the corporation intends to construct across the six geo-political zones in the country.
Ewubare stated that NNPC was looking very closely at such variables as logistics, security, and transportation with a view to reducing the cost of production to $10 per barrel or below.
This warning was contained in a report by the Managing Director, NNPC Retail Limited Managing Director, Dr. Billy Okoye, who also admonished motorists to be careful of the off-spec products.
NNPC and IPPG have donated 6 ambulances to the south-west state governments to aid their efforts in containing the spread of the COVID-19.
The Federal Government has given reasons why it stopped subsidy on fuel and fully deregulated the downstream sector of the petroleum industry.
The NNPC has appealed to security agencies to allow petrol tanker drivers commute in the states currently observing lockdown.
Nigeria cut its official selling price of crude oil to record lows as it looks to clear a glut of unsold April-loading cargoes.
The Nigerian National Petroleum Corporation (NNPC) on March 23, 2020, released its monthly operational and financial report for December 2019.
The GMD of NNPC, Mele Kyari, sat among national stakeholders during the CBN roundtable and addressed the issue of declining crude oil revenue.