Tag: downstream monopoly

• First Independent Petroleum Import Arrives Nigera; Ends NNPCL’s Monopoly

  

  By Abdulkareem Haruna The arrival of the first independent petroleum import, carried by the vessel ST Nnene, signifies a landmark shift in Nigeria’s downstream oil market. A 27 million litres batch, imported by Emadeb Energy, arrived at Ijegun-Egba on Wednesday, breaking the monopoly previously held by the Nigerian National Petroleum Company Limited (NNPCL). The vessel…

  Bay-6 News

  20/07/2023

  Economy, News

  downstream monopoly, NNPCL, ST Nnene