NNPC says Russia-Ukraine war impacts Nigeria’s crude inflow in International markets
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has revealed how the lingering conflict between Russia and Ukraine affect Nigerian crude oil inflow in the international oil market.
The conflict has led to a surge in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc.
Maryamu Idris, Executive Director, Crude & Condensate, NNPC Trading Limited, made the comment in a panel presentation at the Argus European Crude Conference in London saying that the substantial price shocks impacted commodity and energy prices globally.
