Tolfem Investments Limited is a leader in the of Nigerian
Bonny Light Crude Oil (BLCO) sales market. As a privately held company, Tolfem Investments Ltd. is committed to and is focused on delivering reliable services to all her
clients. Tolfem Investments Limited is determined to continue to grow in the energy sector
and to become one of the recognized leaders in the Nigerian oil and gas industry.
Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO
Tolfem Investments Ltd has an excellent track record
of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank
instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us today to commence a comprehensive purchase procedure.
Pemex says tax burden bloated by water content in oil barrels
MEXICO CITY (Bloomberg) -- Petroleos Mexicanos, the crude producer that accounts for about a third of state revenue in Mexico, said it pays taxes on oil production volume that’s inflated by water and other measurement inaccuracies. Under existing law, the company known as Pemex pays some taxes based on reported volume at the wellhead, it said by email Aug. 22. In the statement, Pemex cut its year-to-date production to 2.34 MMbpd from a previously reported 2.47 million. Output was overstated because of water content and inefficient measuring and separation systems.
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