Televara commits $17 Million to the 184 million Crude Swap Under-deliveries
Mon, Mar 27, 2017 | By publisher
BREAKING NEWS, Oil & Gas
TELEVARAS Group of Companies has committed $17 million to the 184 million crude swap under-deliveries which the Nigerian National Petroleum Corporation, NNPC, is intensifying effort to recover.
The NNPC revealed the figure as part of its pledged to provide members of the public through the mass media with up-to-date information on the ongoing effort by the corporation to sanitise the record books through the painstaking reconciliation of the transactions executed during the defunct crude for product swap regime.
The NNPC in a release by Ndu Ughamadu, group general manager, Group Public Affairs Division, NNPC, made available to Realnews stated that in line with the ongoing reforms in the industry, the management of the corporation under the leadership of Maikanti Baru is committed to ensuring transparency and adequate public information on the ongoing recovery effort.
— Mar 27, 2017 @ 9:57 GMT
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