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Posts tagged with "Society of Petroleum Engineers Nigeria Council"

Nigeria's three refineries chalk up losses of $380bn over the last 12 months as they lie idle African News

Nigeria's three refineries chalk up losses of $380bn over the last 12 months as they lie idle

NIGERIA'S three petroleum refineries have incurred losses totalling N142.07bn ($380m) over the last 12 months as a result of staying idle while they chalk up huge operating expenses at a time when they are not generating any revenue.   According to recent data from the Nigerian National Petroleum Corporation (NNPC), the...
 

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