The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the country’s refineries in Warri, Port Harcourt and Kaduna,
it said in a statement on Wednesday.
It also said it had terminated offshore processing agreements and had obtained the permission of President Muhammadu Buhari to begin the tendering process for 2015/2016 crude oil term contracts.
Details later
