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NNPC says in talks on refineries revamp

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CAPE TOWN, MARCH 13, 2018 – The Nigerian National Oil Corporation (NNPC) is negotiating with various companies on timeline of upgrading several old refineries and expected to start a procurement process later this year, a senior official said.

Last month Reuters exclusively reported that NNPC was in the final stages of talks with two consortiums that include top traders, energy majors and oil services companies to revamp its dilapidated refineries.

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