NNPC Limited

2023 - 1 - 4

Post cover — Image courtesy of "TheCable"

'6 oil drilling sites, Anambra basin now 65%' — highlights of NNPC's ... (TheCable)

The Nigerian National Petroleum Company Limited (NNPC) says it is taking coordinated steps for more frontier exploration across the north.

According to the report, the firm also applied for permits from the regulatory agency to complete the drilling of phase 8 – X3 well in Chad Basin. Highlighting the progress made in the drilling of prospective well sites, the national oil firm said it has reached the drilling stage for six sites in the frontier basins. In addition, it said while the contract agreements for phases 13 and 14 have been executed, that of phase 15 is yet to be executed. In Adamawa, it noted that it is on phase 14 of Kinasar prospect, spanning 170km2 as well as phase 15 of Ziye prospect, spanning 172km2 all in the Borno basin, adding that both prospects have been completely assessed for security risk. [NUPRC](https://www.thecable.ng/tag/nuprc)) for environmental impact assessment (EIA) to commence operations in the aforementioned basin. The company said this in a document, seen by TheCable, on the frontier exploration services activities of NNPC from 2020 to 2022.

NNPC prospects for oil in Niger, Borno –Report (The Punch)

The Nigerian National Petroleum Company Limited is prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi ...

NNPC denies exporting 17.87m barrels of oil without documentation (TheCable)

The Nigerian National Petroleum Company (NNPC) Limited says it did not export 17.877 million barrels of crude oil without proper documentation from 2016 to ...

“The auditor-general’s report in reference did mention 32 oil marketing companies involved in the non-completion of the NXP forms but that does not in any way mean that the proceeds from the sale of the said crude were not repatriated into the coffers of NNPC Limited and consequently into the federation accounts for federation related barrels. He added that the issue did not affect repatriation of sales proceeds to the national oil company and subsequently, the federal accounts, for the period in question. [Nigerian National Petroleum Company](https://nnpcgroup.com/) (NNPC) Limited says it did not export 17.877 million barrels of crude oil without proper documentation from 2016 to 2020.

Finance Ministry, Not Us Responsible For Appointment Of Pre ... (The Whistler NG)

Some online publication, (Not THE WHISTLER) had claimed in a news report that the NNPC exported 17.877 million barrels of crude oil without proper documentation ...

“Federal Ministry of Finance, Budget and National Planning (FMFBNP) is responsible for appointment of Pre-shipment Inspection Agents and Monitoring Agents and not NNPC Limited as claimed. But reacting to the development, the National Oil Company stated that the Office of the Auditor General for the Federation had undertaken a Performance Audit on Pre-shipment Inspection and Monitoring of Crude Oil and Gas Exports with the Federal Ministry of Finance, Budget and National Planning (FMFBNP) as the agency of government being audited and not NNPC Limited. The NNPC said in it’s reaction that it was neither a party to the audit of the Federal Ministry of Finance, Budget and National Planning (FMFBNP) nor given any privilege of fair hearing before the audit report was forwarded to the National Assembly. It stated further, “That available records with NNPC Limited confirm that all liftings by NNPC Limited were documented, and the export proceeds fully reported to the Federation Account. The publication had claimed that the NNPC was indicted based on an Audit Report from the Office of the Auditor-General for the Federation. It was claimed in the Report that the product valued at $1,020,969,281.12 was exported by NNPC between 2016 and 2020.

Report Of 17.87m Barrels Of Oil Exported Without Documentation ... (Independent Newspaper Nigeria)

The Nigerian National Petroleum Company (NNPC) Limited has reacted to a report that 17.877 million barrels of crude oil were exported without proper ...

The statement read, “Our attention has been drawn to an online publication, alleging that NNPC Limited exported 17.877 million barrels of crude oil without proper documentation in four years (2016 to 2020). The Nigerian National Petroleum Company (NNPC) Limited has reacted to a report that 17.877 million barrels of crude oil were exported without proper documentation from 2016 to 2020, describing it as malicious, misleading, and untrue. A report, quoting the former auditor-general of the federation (AuGF), had accused some exporters of shipping crude oil without completing the required Nigeria export proceeds (NXP) forms.

NNPC Denies Illegal Export of 17.877 million Barrels of Crude Oil (Business Post Nigeria)

Nigeria's state oil regulator, the Nigerian National Petroleum Company (NNPC) Limited, has denied that it exported 17.877 million barrels of crude oil ...

- The trading data showed that VFD Group Plc was the most traded stock by volume (year-to-date), with 349,456 units valued at N85.3 million.

Lie! NNPC Limited Didn't Export Oil Without Proper Documentation - (The News)

NNPC Limited has reacted to an online publication, alleging that it exported 17.877 million barrels of crude oil without proper documentation in four years ...