Mele Kyari, NNPC’s Group General Manager in charge of Crude Oil Marketing Division, in an allocation paper seen by local newspapers, According to Thisday newspaper, each of the 50 companies would lift 950,000 barrels of crude oil in the two-year duration of the contracts, The Nigerian companies that got the crude contract and their owners are:
- AA Rano Owned by Auwalu Abdullahi Rano
- Aipec
- AMG Petroenergy Limited – Risqua Murtala Muhammed Group GMD
- Arkleen – Gregory Omosigho Ero
- Barbedos – Kashim Bukar Shettima
- Bono Energy
- Casiva – Alhaji Nasiru H. Daru
- Cretus
- Emadeb – Adebowale Emmanuel Olujimi MD/CEO
- Eterna oil – Shehu Dikko
- Gladius Commodities – Tope Adegbite
- Hinstock – Ifueko Ogunbor
- Leighton Petroleum Limited –Bowale JolaosoMD/CEO
- Levene energy group –Asue Ighodalo
- Masters Energy – Uchechukwu S. Ogah
- Matrix energy –Abdulkabir Adisa AliuMD/Group CEO
- MRS – Sayyu Dantata
- Northwest Petroleum & Gas Company Limited – Dame Winifred Akpani
- Oando – Wale Tinubu
- Sahara Group – Tonye Cole
- Ocean Bed (Sahara trading subsidiary)
- Propetrol Limited –Harry Ebohon, CEO/MD
- Prudent Energy Limited – Abdulwasiu Sowami
- Setana – Ejiofor Onyiuke
- Setraco Group – Said Khalaf
- Shoreline – Ladi Bada
- Ultimate Gas – Alhaji Awalu Ilu
- Voyage Oil & Gas Limited
- West African gas – Walter Perez
- Zitts and Lords group – Okojie Samuel
- Obat Oil & Gas – Obateru Akinruntan
- Duke Oil (NNPC subsidiary)
Nigeria produced more than 2 million barrels per day of crude and condensate in April 2018, according to the state oil firm, NNPC. The following international trading firms and refiners also got the contracts:
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- Augusta Switzerland based
- BB Energy Lebanon
- Cepsa Spain
- Glencore Switzerland based
- HPCL Indian refiner
- Litasco Trading arm of Russia’s Lukoil
- Mocoh Switzerland
- Petraco Switzerland
- Petrobras Brazil
- Sacoil South Africa of SEER South Africa’s SacOil
- Energy Equity
- Resources Ltd
- Socar Trading arm of Azerbaijan’s Socar
- Total France
- Trafigura Switzerland
- Vitol Britain
- Calson Vitol/NNPC joint venture
- Sonara Cameroon refining co and
- ZR Energy Meanwhile, Brent crude futures, the international benchmark, has risen by around half in the past year. The new highs have prompted warnings that drivers may face soaring petrol and diesel costs. Prices are at levels that will eat into the appetite for oil and forecasters have revised their expectations downwards for demand growth this year.
