Seplat Petroleum, Waltersmith Refinery sign crude purchase agreement

crude purchase agreement

Seplat Petroleum, Waltersmith Refinery sign crude purchase agreement   Seplat Petroleum Development Company Plc, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited. According to a statement available to Business Metrics through the Nigerian Stock Exchange (NSE), Seplat stated: “The CPA is for the supply of between 2,000 and 4,000 bopd from existing working-interest production from the Ohaji South Field within OML53, for Waltersmith’s new 5,000 bopd modular refinery at Ibigwe Field, in Imo State.” Previously, Seplat’s share of Ohaji South crude was primarily evacuated to the…

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