The Nigerian National Petroleum Company Limited (NNPC) has marked a significant milestone with the sale of its first cargo of low-sulfur straight-run fuel oil (LSSR) from the Port Harcourt Refinery.
This initial batch was sold to Gulf Transport & Trading Limited (GTT), a Dubai-based company. The cargo, amounting to 15,000 metric tons (approximately 13.6 million litres), is set to be loaded in the coming days aboard the Wonder Star MR1 vessel.
This development signals the refinery’s operational debut and the start of Nigeria’s exportation of petroleum products from the facility.
While the export volume is relatively modest, industry experts anticipate that it could influence Very Low Sulfur Fuel Oil (VLSFO) benchmarks over time. [CONTINUE READING HERE]>>>>
DISCLAIMER
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshreporters@gmail.com
Join Other Great Readers, FOLLOW us On WHATSAPP>> https://chat.whatsapp.com/DN0y4bGIbVI4II6aNcPssb
Join Other Great Readers On TELEGRAM>> https://t.me/freshreporters
For Advert and other info, Click this link to send a Message to the Admin https://freshreporters.com/advertise/