Business

Nigeria extends crude for oil products contracts until end 2018 -NNPC

Nigeria has rolled over its crude for oil products contracts by six months until the end of the year, the head of the country’s NNPC Oil Company told Reuters on Thursday. “We have rolled it over until the end of December,” Maikanti Baru said on the sidelines of the OPEC seminar in Vienna.

The contracts, dubbed direct sale, direct purchase agreements (DSDP), were due to expire at the end of June.