Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement. A statement signed by the Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, on Sunday in Abuja said the agreement was signed in London, over the weekend. He said that the Group Managing Director Dr Maikanti Baru signed the agreement which would help to increase crude oil production in the country by about 39,000 barrels per day on behalf of the corporation. He said the agreement…
Read MoreNNPC, Cheveron wrap up $1.7bn deal
