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Audit-Report-on-NNPC

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Investigative Forensic audit of crude oil revenues and remittances by <strong>NNPC</strong> (January 2012 – July 2013)<br />

Term<br />

SPV<br />

STS<br />

SV<br />

TEPNG<br />

USD<br />

WRPC<br />

Definiti<strong>on</strong><br />

Special Purpose Vehicle<br />

Shuttle to Shuttle (Transfer of products from <strong>on</strong>e vessel to another)<br />

Shuttle Vessel (A vessel that receives petroleum products offshore<br />

Nigeria from the mother vessel, and delivers to another SV or to the port<br />

of discharge e.g. Lagos)<br />

Total Explorati<strong>on</strong> and Producing Nigeria Limited<br />

United States Dollar<br />

Warri Refinery and Petrochemicals Company<br />

Vanguardngr<br />

C<strong>on</strong>fidential informati<strong>on</strong> for the sole benefit and use of the <str<strong>on</strong>g>Audit</str<strong>on</strong>g>or-General for the Federati<strong>on</strong>.<br />

PwC 110

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