“Based on the current market demand, it is anticipated that about 40% of the finished products will be consumed locally, while arrangements are made through our technical partners to export the balance,” said Sampson Uchechukwu Ogah, president of Masters Energy.
According to him, Masters Energy’s Energy City crude oil (feedstock) supply is estimated to be sourced from the Federal Government’s allocation and from Nigerian National Petroleum Corporation (NNPC).
