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Post by discerningeye on Sept 25, 2012 15:25:01 GMT 4
Been offered Bonny Light on a CIF basis; this is not your NNPC controlled and owned product and nor is the seller a Nigerian - the corporate seller has it's own drilling and gas exploration abilities, will drill the oil and deliver it to the buyer's destination refinery. Any real takers?!
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Post by Sapphire Capital on Sept 27, 2012 8:49:22 GMT 4
Glencore just sold Nigerian Oil to Hindustani Oil and Indian Oil Company
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Post by discerningeye on Sept 27, 2012 20:12:00 GMT 4
Thanks for your input; Glencore plays in big boys arena with it's own suppliers and it's own end entities, and may or may not want to establish new relationships with new suppliers. Will see and keep you posted should things change.
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