The Petroleum Product Pricing Regulatory Agency has granted petrol import approvals for the third quarter of the year to the Nigerian National Petroleum Corporation, oil marketers and other importers.

Perhaps not a few Nigerians have been excited by the recent signing of a Memorandum of Understanding (MOU) between the Nigerian National Petroleum Corporation (NNPC) and the China State Construction and Engineering Corporation (CSCEC) towards the building of three new refineries, to be si

Today, Nigeria is confronted with a huge energy crisis and a
requirement to optimize its natural resources, primarily for the
benefit of Nigerians. Complex issues and challenges that have
plagued its industry over the past 50 years have now been placed on
the front burner as a national security issue.
Bearing in mind that the aims, goals, and objectives of
government, the IOC's, and the communities are understandably at

Just 38 days after the lastoil spill that contaminatedIbeno shoreline in AkwaIbom, another spill hasbeen reported at the QuaIboe oil fields.The fresh oil spill sparked off a protest as hundreds of Ibenoresidents staged a peacefuldemonstration  against  incessantoil  spills from the operations ofM o b i l i n    I b e n o . O u rcorrespondent reliably gatheredthat soldiers deployed to guard

Strategic Alliances & Partnership Our business needs professional inspiration, wisdom, expertise and global network. Nowadays the need for strategic alliance & partnership has been increased ever than before. OILDEALSNG.COM hopes to share our wisdom, experience and business resources with our partners who are ready to help us with truth and honest. Through strategic alliance and a variety of partnership programs, we can gain access to new market, improve skills, share resources, reduce cost and risk, improve the effectiveness and build flexibility in our business.

Buy and Sell Bonny Light, Forcardos Light, Excravos Light, Qua Iboe Light, Brass River Light, LNG, LPG, All Nigerian Crude Oil and Gas By-Products etc.

We offer consultancy services on all aspects of the oil and gas industry and foreign direct investment issues of the highest quality in Nigeria that enable you to do business in a fraud free environment.

  To be represented in Nigeria is of the uttermost importance. Having a company on ground in Nigeria to handle your logistics affairs is the best way to be protected from fraud and to save your company millions of dollars at the start up stage.

Oildealsng.com is a platform for oil importers, sellers, buyers, marketers, dealers, brokers, transporters and service providers of petroleum products.. Oildealng is owned and co-ordinated by Fatdeo and Associates . Our Goal is to speed up the process in which individuals, companies and services providers in the petroleum industry find potential business partners, in an easier and faster way while preventing them from incurring additional market costs..

PPRA's Market Fundamental as at monday, 8th of  june, 2010 

Monthly moving average product cost as quoted on platts oilgram:

• Exchange Rate: 149. 67 (Naira to Dollar)
• Crude Oil Price Hits $72:
  Crude Oil Now sells for $72 per barrel.
• Average clean tanker freight rate world scale (ws100) as quotted on platts NWE to west africa = $10 M/T .
• Haulage Cost within Lagos = #2.50/litres
  Average Haulage Cost From Lagos:

By F & A transport Ltd.

Shuttling Vessel Chartering Cost:

• (Lagos) Outside Bar --> Apapa(Lagos) --> #1.70
• ______ Outside Bar --> P/Harcourt --> #2.80
• ______ Lagos --> P/Harcourt --> #2.80
• ______ Lagos --> Warri--> #2.80

Other Charges; contact: Karina Nigeria Ltd.

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