We Know How Many Barrels Of Crude Oil Nigeria Sells In Real Time - GGM Kyari

Discussion in 'Business & Finance' started by Admin, Dec 22, 2017.

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    The Nigerian National Petroleum Corporation (NNPC) on Thursday said it can unveil what number of barrels of barrels of crude oil Nigeria sells in real time.

    As indicated by the NNPC's Group General Manager (GGM) responsible for Crude Oil Marketing, Mele Kyari, the corporation said it had accomplished 98 percent mechanization of all exchanges including the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world.

    Kyari disclosed this in an interview with Oil & Gas Forum, NNPC’s weekly television programme, which airs on the Nigerian Television Authority (NTA)

    "Today, at a click of a button we can tell you how much crude oil is sold, at what value, who got it and where it has gone to and so on," he said.

    He said that the Corporation's arrangement was to operate a complete paperless crude oil data management regime in accordance with the progressing change of the procedures which has seen clearing changes since 2015.

    On the current Policy Dialog on crude oil sales and reserve Management in Nigeria organized by the African Centre for Leadership, sorted out by the African Center for Leadership, Strategy and Development, Kyari said the discussion gave the corporation a road to clear up some deception on the operations of crude oil marketing.

    He said "NNPC would keep on engaging individuals from general society and other basic partners to keep them side by side of advancements in the supply, advertising and offer of the different evaluations and blends of Nigeria’s crude oil across the world

    source: metrodailies
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