VOL. XXXI
NO. 25
28-MARCH-1988
OPEC AND OIL PRICES
Nigeria Revises Marketing Strategy
The Nigerian National Petroleum Corporation (NNPC) has announced a revisionof its marketing strategy under which deals through middlemen and traders willbe eliminated, and sales restricted to upstream equity holders, prospectivedownstream partners of NNPC and companies which actively explore for oil inNigeria. The announcement, made by the Nigerian Oil Ministry on 23 March, readsas follows:
"Experience and...
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