NNPC’s Utapate Crude Grade Enters Global Oil Market

The Nigerian National Petroleum Company Limited has unveiled its latest crude oil grade, the Utapate crude oil blend,before the international crude oil market. Olufemi O. Soneye,Chief Corporate Communications Officer NNPC Ltd conveyed this in a statement. The NNPC Ltd and its partner, the Sterling Oil Exploration & Energy Production Company (SEEPCO) Ltd,had in July, 2024 introduced the Utapate crude oil blend, following the lifting of first cargo of 950,000 barrels which headed for Spain. At a ceremony held at the Argus European Crude Conference taking place in London, United Kingdom,…

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