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FG adds Chinese, Indian state oil companies to list of long-term buyers

by Editor

June 5, 2014 | 4:24 pm
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Refinery margins for the main Mediterranean grade Urals has been negative for the last 15 days

Nigeria has added Chinese and Indian state oil companies to an expanded list of those awarded contracts to buy its crude, re-issued after what trade sources said was intense lobbying by disappointed buyers. It expanded its list of long-term oil contracts to about $52 billion worth of crude, up from $40 billion in April, also…

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by Editor

June 5, 2014 | 4:24 pm
  |     |     |   Start Conversation

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