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The Liberian authorities have ratified a ’purchase and sale’ agreement with Nigeria through which the Nigeria National Petroleum Corporation (NNPC) is to provide 20,000 barrels of crude oil per day to the Liberia Petroleum Refining Corporation (LPRC).

Total, one of the world’s major oil and gas groups, has announced that its subsidiary, Total Exploration and Production Nigeria Ltd, along with Conoil Producing Limited, has found the existence of hydrocarbons in the Oil Mining Lease OML 136. The property is located offshore Western Nigeria and the hydrocarbons were found in the central portion of the oil well.