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NNPC records $4.60bn export sales in one year

NNPC records $4.60bn export sales in one year

The Nigerian National Petroleum Corporation, NNPC, has announced total crude oil and gas export receipts of $4.60 billion in the last one year.

The NNPC, in a release by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the amount was realised between the period June 2019 to June 2020.

The release explained that details of the earnings were contained in the June 2020 Monthly Financial and Operations Report, MFOR, of NNPC, which it noted, is the 59th edition in the series.

A breakdown of the figure indicated that white products sale for the period June 2019 to June 2020 stood at over 19.104 billion litres, with Petroleum Motor Spirit, PMS, or petrol, accounting for over 18.9 billion litres or 99.36 per cent.

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Source: SweetCrudeReports

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