London, May 18 (Reuters) – Nigeria’s state oil is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per day (bpd) of crude oil for imported gasoline and diesel.
Hyde Energy Limited is one of the 10 contract awardees of the Nigeria National Petroleum Corporation (NNPC) $6 billion crude oil for exchange for gasoline contracts elevating Hyde Energy Limited status in the Nigerian Oil and Gas industry.
The following is a list of the 10 groupings
| Trader/ Refinery | Local Partner(s) | Volume (minimum expected) |
| Trafigura | AA Rano | 33,000 bpd |
| Petrocam | Rainoil/Falcon Crest | 33,000 bpd |
| Mocoh | Heyden | 33,000 bpd |
| Cepsa | Oando | 33,000 bpd |
| Sahara | SIR | 33,000 bpd |
| Mercuria | Matrix/Rahmaniya | 33,000 bpd |
| Socar | Hyde | 33,000 bpd |
| Litasco | MRS | 33,000 bpd |
| Vitol | Varo | 33,000 bpd |
| Total | Total | 33,000 bpd |
| 10 groupings | 330,000 bpd | |