Showing posts with label REFINERY. Show all posts
Showing posts with label REFINERY. Show all posts

Friday, October 16, 2015

NNPC Sets $1bn Baseline Capacity Condition For OPA Offer

The Nigerian National Petroleum Corporation (NNPC) has set stringent conditions which includes that a company must have a minimum of $1 billion turnover to qualify for the new Offshore Processing Agreement (OPA) contract.

 
Also, the Corporation said before a company could be considered, it must have a refinery, affiliated to a refinery or access to a refinery, in addition to showing concrete plans to train and transfer knowledge to Nigerians who work in the companies.

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