NNPC puts November oil and gas export sales at $239.1mn

Nigeria’s state oil firm, Nigerian National Petroleum Corporation (NNPC) said on Wednesday its November export sales of crude oil and gas were $239.1 million, down 25.7 percent from the previous month sales.

Oil accounted for 48 percent and gas for 52 percent of the exports, said NNPC in a statement.

From November 2016 to November 2017, $3.73 billion of crude and gas was exported, the company said. Of that, $2.6 billion went to pay debts for joint ventures with international oil firms and $850 million was paid to the Federal Government of Nigeria’s account.