Nigerian govt to offer small oilfields for auction

Nigerian Stock Exchange Forum
The Nigerian national petroleum cooperation(NNPC) has said the Nigerian government will put marginal oilfields up for auction in spite of the slump in oil prices. Mele Kyari, the NNPC chief, made the declaration Tuesday in a web conference put together by the Ministry of Finance and the UK Department for International Development Partnership to Engage, Reform and Learn. He stated that government would not be able to holds oilfield bid rounds until prices recover as the current market… Nigerian govt to offer small oilfields for auction
Source: Nigerian govt to offer small oilfields for auction

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