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NUPRC Consults Producers and Refiners on Crude Swap to Cut Domestic Haulage Costs

Nigeria · ENERGY Key Facts —Proposed mechanism: The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is consulting on a domestic crude swap that would let producers and refiners exchange supply obligations by location and settle volumes through netting. —Estimated savings: Industry sources cited by Nigerian media say the swap could save about US$3 to US$4 per […] The post NUPRC Consults…

We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.

Read the original at riotimesonline.com →

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