NNPC targets 100% automation of crude oil sales by December

The Nigerian National Petroleum Corporation (NNPC) says it hopes to attain 100 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world by the last quarter of 2018, Daily Trust reports.

The corporation at the moment has succeeded in automating its oil marketing processes to almost 98 per cent. Group General Manager, Crude Oil Marketing Division of the corporation, Malam Mele Kyari, said this in an interview published in the corporation’s quarterly magazine.

He said the automation exercise has enabled the corporation to achieve an end-to-end monitoring of every barrel of crude oil sold in the country. “What that means is that we have a seamless process that can be seen on an electronic platform that can be validated by all so that human intervention is reduced,” Kyari said in the interview.