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Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal (6377 Views)

Akpabio: Dangote Shamed Nigerian Government By Completing 650,000bpd Refinery / Buhari To Inaugurate 650,000bpd Dangote Refinery May 22 / Roland Ewubare Resigns As NNPC Chief Operating Officer (2) (3) (4)

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Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by Thugnificent(m): 9:53am On May 31
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Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by year2013: 10:03am On May 31
johnjose68:


ON ALEX OTTI...
Last month, Yoruba nation agitators tried nonsense in Ibadan. The Governor of Oyo did not wait for any Federal Government. He used Oyo State's authority to arrest the perpetrators within hours of the incident. The very next day, Governor Seyi Makinde destroyed their houses. On the third day, they were in court. Today, they are in prison. That is a Governor!
Not this one that watches and does nothing while a separatist group causes killings, mayhem and chaos in his state. And this is the man Peter Obi, and Oby Ezekwesili praised as the best Governor!

Yes, do your worst
Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by abeylee001: 11:19am On May 31
NNPC ACTION MADE TOTAL TO DIVERT BUSINESS TO ANGOLA AND CONGO JUST BECAUSE OF THEIR UNSTABLE POLICIES AND SELFISHNESS . THEY ARE NOT HELPING MATTERS AT ALL
Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by chinchum(m): 11:24am On May 31
This is quite significant and long awaited.

This 100% production is almost enough to feed Dangote refinery 75% of its daily requirement. Nigeria produces about 1.4 to 1.5 million barrels per day currently. Adding 480,000 barrels per day enhances our revenue in no small way
Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by careidon: 1:31pm On May 31
There's a product sharing Agreement kicks in, in all oil blocks once you start production even if you own it 100%.
NNPC deserves a first right of refusal when selling and or a part of the sale value as they were part of sharing the block before....

SoNature:
What issue are NNPC and ExxonMobil trying to resolve that is taking this long? This disagreement has been on hold for years now.

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Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by SoNature(m): 1:52pm On May 31
careidon:
There's a product sharing Agreement kicks in, in all oil blocks once you start production even if you own it 100%.
NNPC deserves a first right of refusal when selling and or a part of the sale value as they were part of sharing the block before....


I know about the issue, but I am wondering why it's taking this long to resolve. This is the same deal that Buhari and then make a U-turn afterwards.
Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by PHAYOL81: 3:35pm On May 31
Noted
Re: Nigeria To Add 480,000bpd As NNPC, Exxonmobil Sign New Deal by Life2ways: 4:32pm On May 31
This is all the useless country know...sell oil and loot proceeds of it. SMH.

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