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Topic: NNPC, oil companies agree to end JVC  (Read 680 times)

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NNPC, oil companies agree to end JVC
« on: December 16, 2016, 01:02:22 AM »
NNPC, oil companies agree to end JVC

The Nigerian National Petroleum Company (NNPC) on Friday signed an agreement to exit the Joint Venture Cash Call (JVC) with some international oil companies. The agreement was signed at the Ministry of Petroleum Resources in Abuja between the Federal Government and Shell, Chevron, Agip, Total and Oando. Nigeria owes an estimated 6.8 billion dollars accumulated […]


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