NNPC fully stands for the National Petroleum Corporation of Nigeria. It is a public company founded in 1977 with its main office in Abuja, Nigeria. The main products it sells are oil, gas and petrochemical products. It is a national oil company that is owned and managed by the federal government. It is through this corporation that the national government directs and participates in the Nigerian oil industry.
NNPC runs the joint venture it has with the Nigerian national government and some of the foreign TNCs. The transnational companies are called Agip, Shell, Texaco, Chevron and Exxonmobil. Through the partnership that NNPC has with these companies, the Nigerian national government leads the advancement of the rich oil resources available in Nigeria.
People who want to buy Nigerian crude can do so through the NNPC. It is the ultimate seller of crude oil in Nigeria. There are also individuals referred to as trustees, operators, and successful bidders. This group of people find buyers of crude oil for NNPC. The crude oil grades you can buy from NNPC are bonny, forcados, qua iboe light crude oil, etc. Most of these grades of crude have their terminals. Each of these crude has its respective specifications and, as such, must be transferred by pipeline from its origin to its specific terminals. It is from these terminals that they are sold out.
If you are familiar with the terms of NNPC, you will agree that you do not sell your oil through any agent. This is very important to avoid fraud by people posing as oil sellers in Nigeria. In my experience, the best way to buy crude from NNPC is to do so through your partner. Oil allotment is awarded to NNPC allies. You can ask them to provide it as proof that they have an assignment with the lead vendor before you proceed to deal with them.