The Nation - Trade Ministry, NNPC endorse Vulcan’s 180,000 bpd modular refineries
Few days ago, we questioned the veracity of the news report that NNPC was not aware of the refinery deal. That doubt is now put to rest.
August 28, 2012, we had this to say:
"How could that have happened? A Minister of trade signed such a Mega-Million-Dollar refinery deal, yet the country national oil company is not in the picture! Something isn’t right with this story. Could it be the Minister did not consider the entity sufficiently qualified or no longer trust-worthy to enjoy a presence in the transaction? Time will tell."
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Tuesday, September 4, 2012
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