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Nigeria’s Oil, Gas Export Sales Rose By $78m In August – NNPC

Nigeria’s Oil, Gas Export Sales Rose By $78m In August – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said that its crude oil and gas export sale in August 2018 was $470million, indicating an increase of about $78million when compared to July export figures of $391.91million. The report indicated that crude oil export sales contributed $337.62 million which represents 71.83 per cent of the dollar transactions compared with $283.43million contribution in the previous month.

The release stated that export gas sales during the period amounted to $132.38million, adding that the August 2017 to August 2018 crude oil and gas export was worth $5.26billion. Contribution from crude oil during the period, it stated, amounted to $336.43 million, while gas and miscellaneous receipt stood at $101.33million and $12.48million respectively.

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