NNPC Ltd Launches New Crude Oil Grade Into International Market, Exports 1.9 Million Barrels To France, Netherlands

The Nigerian National Petroleum Company (NNPC) Ltd has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market.

The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European Crude Conference in London, on Tuesday.