Nigeria has added a new grade of crude, as the NNPC/ Aiteo Joint venture announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international market. The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European Crude Conference in London. OML 29, an asset located onshore Nigeria, is operated by Aiteo Eastern Exploration & Production Ltd, Africa’s leading indigenous hydrocarbon producer, following a historic…
Read MoreNigeria Unveils New Crude Oil Grade, Boosts Output
