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NNPC Cancel’s Oil Supply Contracts with Refineries

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nnpcThe Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the country’s refineries in Warri, Port Harcourt and Kaduna,

it said in a statement on Wednesday.

 It also said it had terminated offshore processing agreements and had obtained the permission of President Muhammadu Buhari to begin the tendering process for 2015/2016 crude oil term contracts.

Details later

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