The Nigerian National Petroleum Corporation (NNPC) has opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest.
Group Managing Director of NNPC Dr Maikanti Baru, who set the process in motion, said the essence of the bidding was to ensure reputable qualified companies were engaged.
The 132 companies came bidding for about 14 billion liters of products under the DSDP scheme.
Baru explained that the process was to ensure that the selection of off-takers aligned with transparent and accountable procedures in compliance with the Public Procurement and Nigerian Content Acts.
(NAN)