The Nigerian National Petroleum Company Limited has signed a memorandum of understanding with the Gambian National Petroleum Company on key areas of interest in the oil and gas sector.
The Executive Vice President, Business Services, NNPC, Mr. Danladi Inuwa, signed on behalf of the NNPC, while the Managing Director of GNPC, Baboucarr Njie, signed on behalf of his organisation. The NNPC also said the deal was a significant step towards strengthening bilateral relations between Nigeria and Gambia and would create opportunities for the two countries to collaborate in the oil and gas sector.
The company has been involved in similar initiatives in recent years, including exploration projects in Niger, Chad, and Benin Republic. In its Weekly National Premium Motor Spirit Evaluation and Dispatch Report for Week 11th to 17th February, 2023, which was posted on its Twitter handle, NNPC said it evacuated a total of 404.69 million litres of petrol to the various loading depots in the country.
The NNPC evacuation report further showed that, of the top five loading depots, Pinnacle Lekki received the highest allocation with 52.80 million litres, followed by NIPCO – 25.23 million; Matrix – 24.88 million; Aiteo – 21. 37; and 11Plc – 19.48.
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