The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially introduced the Utapate crude oil blend to the global energy market, marking a significant milestone in Nigeria’s oil export strategy.
The company made this disclosure on Wednesday in a statement by its Chief Corporate Communications Officer, Olufemi Soneye.
According to the statement, the Managing Director of NNPC E&P Limited (NEPL), Nicholas Foucart, speaking at the Argus European Crude Conference in London on Wednesday, described the launch as a “significant milestone for Nigeria’s crude oil export to the global energy market.”