The Nigerian National Petroleum Association (NNPC), says its subsidiary, NIDAS Aircraft Services, has resumed the all-embracing accession of awkward oil, petroleum articles and had already gotten its aboriginal consignment.
The Association appear this in a account active by the Group General Manager, Group Public Affairs Division of the NNPC, Mr. Ndu Ughamadu, in Abuja, on Tuesday.
He said that the all-around tanker fixture’s address had accustomed the chartering of LRI tanker, MV Atlantica Bridge by NIDAS to amount jet ammunition from El Dekheila Port, Egypt for commitment to Nigeria for Duke Oil.
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He added that the accoutrement address additionally captured NIDAS booking of tanker Res Cogitans to amount Mercuria’s gasoline burden for early-November loading from Europe’s Amsterdam-Rotterdam-Antwerp (ARA) arena to Offshore Lagos.
He acclaimed that NIDAS would optimise appropriate of aboriginal abnegation action in the NNPC anniversary awkward oil appellation and Direct-Sale-Direct Purchase, DSDP, agreements with off-takers.
“Under the agreement of the deal, the off-takers are answerable to action the NNPC aircraft accessory the appropriate of aboriginal abnegation in commitment of cargoes.
“The re-entry of NIDAS into the all-embracing accession of awkward oil and petroleum articles was seven years afterwards falling out of reckoning in the all-around oil bales trade.
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“ NIDAS’s re-entry was in bike with the advancing cardinal re-engineering of some NNPC subsidiaries to ensure assorted assets streams and amount accession to the association in band with the aspiration of the corporation’s Group Managing Director, Mr. Maikanti Baru,’’ he said.
He explained that NIDAS has accustomed a able-bodied chartering and operation board in its UK appointment to advice the aggregation defended sea-going argosy from atom bazaar to adviser its bazaar re-entry and advance able aggressive edge.
Ughamadu added said that the long-term aspiration of the aggregation was to own and accomplish agile to defended a cogent bazaar allotment in the all-around aircraft market.
This development, he said, was allotment of Baru’s 12 Business Focus Areas (12BUFA), which he abundant back he took over the administration of the association in 2016.
Incorporated in 2007 as a Joint Venture amid NNPC, Daewoo Shipbuilding and Marine Engineering Aggregation Limited (DSME), he added that NIDAS is anon a wholly endemic accessory of the corporation.
“Subsequently, a Board of Directors was inaugurated by the GMD with Mr. Henry Ikem Obih, Chief Operating Officer Downstream, as chairman, while Mr. Lawal Sade was appointed Managing Director with authorization to drive the turn-around action and able re-entry action of NIDAS into the all-embracing oil aircraft business,” he added.
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