On dollar payments to JV cash call and Federation Account, NNPC said the total export proceeds of $ 445.79 million was recorded in October, with proceeds from crude oil sales, LPG & NLNG feedstock, and miscellaneous receipt amounting to $ 325.28 million (72.97 per cent), $ 84.57 million, that is, 18.97 per cent and $ 35.93 million (8.06 per cent) respectively. (nigeriapoliticsonline.com)
«The U.S. remains an outlet for countries trying to maintain their market share of crude oil sales.» (nbr.com)
ABUJA — Nigeria's woes in the area of dwindling revenue from crude oil sales is expected to heighten in the next couple of days, as the South African Petroleum Industry Association, SAPIA, yesterday, stated that South Africa would likely stop importing crude oil from Nigeria following the lifting of the sanctions on Iran. (ghanapoliticsonline.com)