NNPC Decries Fake Authorization Letters

The Nigerian National Petroleum Corporation, NNPC, has decried the circulation of what it described as a fake letter of authorization to buy and or sell Nigerian crude oil.

The corporation issued a statement on Monday insisting that it did not issue any such letters.

Through the statement, the NNPC urged members of the public to be wary of persons with fraudulent intents circulating letters authorizing the lifting of Bonny Light crude oil from Nigeria.

The statement quoted a paragraph in one of the fake letters of authorization in circulation as follows: “We hereby confirm that the Nigerian National Petroleum Corporation (NNPC) has entered into Contractual arrangements directly with LAVI INTERNATIONAL CORP, to supply Bonny Light Crude Oil to the Lavi International Corp Associated Refineries and or Global Traders, and that the LAVI INTERNATIONAL CORP has the power and authority to sell or otherwise deal with the Bonny Light Crude Oil, the subject of those contractual agreements.”

The NNPC, however, said that MESSRS LAVI INTERNATIONAL CORP was not one of its crude oil off-takers for the 2014-2015 Term Contract Period and, therefore, had not been issued any crude oil volume as speculated in the fake letter of authorization.

It also stated that the list of local and international companies duly approved as NNPC’s crude oil off-takers for the 2014-2015 Term Contract Period had been widely publicized and called on members of the public to utilize such information in order to avoid being swindled by those it described as “unscrupulous elements.”

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