HomeTagsOil traders

Tag: Oil traders

NNPC signs $1.5billion prepayment deal...

The Nigerian National Petroleum Corporation (NNPC), has...

NNPC signs $1.5billion prepayment deal with oil traders

The Nigerian National Petroleum Corporation (NNPC), has signed a $1.5 billion prepayment deal led by Standard Chartered and backed by oil traders Vitol Group and Matrix Energy, two sources close to the matter said, the first such agreement since the coronavirus pandemic. The deal provides the country, a member of the Organisation of Petroleum Exporting Countries (OPEC) with the much-needed liquidity after its finances were hit by the oil price crash in April as COVID-19 lockdowns erased nearly one-third of global oil demand. The financing package called Project Eagle was also...

NNPC signs $1.5billion...

The Nigerian National Petroleum Corporation (NNPC), has signed a $1.5 billion prepayment deal led by Standard Chartered and backed by oil traders Vitol Group...
spot_img

Create a website from scratch

With Newspaper Theme you can drag and drop elements onto a page and customize them to perfection. Try it out today and create the perfect site to express yourself!