NNPC Ltd/Chevron JV Concludes Conversion Of Assets Into PIA Terms
LAGOS SEPTEMBER 11TH (NEWSRANGERS)-In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL), have concluded the conversion of five of its JV assets into the PIA terms. Under the new…