VOL. XXXII

NO. 45

14-AUGUST-1989

OPEC

Nigeria to Channel 300,000 b/d into Downstream Ventures

The Nigerian National Petroleum Corporation (NNPC) is arranging jointventure deals with around 12 foreign oil firms that have facilities to store,refine and market the country's crude abroad, according to the Nigerian OilMinister, Alhaji Rilwanu Lukman. "We have signed letters of intent with fourand the rest are on the way," Mr. Lukman, who is also OPEC conferencepresident, told a press conference in...