113 Tankers Banned Form Lifting Crude Over Corrupt Practices

I expect less of the grid lock in the future then…
Over the weekend, The Nigerian National Petroleum Corporation (NNPC) banned 113 oil tankers from lifting crude oil from Nigeria due to sharp practices recorded in the export of Nigeria’s crude.
According to a document signed by Gbenga Komolafe, Group General Manager, Crude Oil Marketing Division, NNPC, the tankers were banned from entering Nigerian oil facilities and territorial waters.
“The NNPC has prohibited 113 tankers from engaging in crude oil/gas loading activities in any of the terminals within the Nigerian territorial waters until further notice,” the document obtained from Platts, a global energy trading information source, said.
“The affected vessels have also been barred from movements within the Nigerian territorial waters forthwith.
“Finally, enforcement of the above directives takes immediate effect pending a notice to the contrary by Government, please,” the NNPC noted.

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