…Promises no more importation of polypropylene as from October For the first time, Nigerians will gain a clear understanding of the country's...
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The Management of Dangote Petroleum Refinery has insisted that it is not yet getting enough crude required for the effective optimization of its refinery from the Nigerian National Petroleum Corporation Limited (NNP).The Refinery Management, in a release signed by, Group Chief, Branding and Communications Officer, Anthony Chiejina revealed that, “we therefore still insist that we are unable to secure our full crude requirement from domestic production and urge the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), to fully enforce the domestic crude supply obligation as mandated by the PIA.”Chiejina clarified that his company has never accused NNPC of not supplying “…us with crude. Our concern has always been NUPRC's reluctance to enforce the domestic crude supply obligation and ensure that we receive our full crude requirement from NNPC and the IOCs.”He further explained that “For September, our requirement is 15 cargoes, of which NNPC allocated six. Despite appealing to NUPRC, we've been unable to secure the remaining cargoes. When we approached IOCs producing in Nigeria, they redirected us to their international trading arms or responded that their cargoes were committed.Consequently, we often purchase the same Nigerian crude from international traders at an additional $3-$4 premium per barrel which translates to $3-$4 million per cargo”
…Promises no more importation of polypropylene as from October For the first time, Nigerians will gain a clear understanding of the country's...
…Promises no more importation of polypropylene as from October For the first time, Nigerians will gain a clear understanding of the country's...
*Says they are yet to finalize contract with NNPC *Insists issue of fixing price of petrol does not arise *Guarantees Nigerians of exceptionally high...
The Nigerian National Petroleum Company Ltd (NNPCL) has said Dangote Refinery and other domestic refiners are “free to sell directly to any marketer...
Dangote Petroleum Refinery has issued a strong warning to the Nigerian National Petroleum Company Limited (NNPCL) and other oil …
Locally refined premium motor spirit otherwise known as petrol from the Dangote Refinery is ready for the Nigerian market. The Chairman of Dangote...
Some Nigerians in the diaspora, under the auspices of the Diaspora Good Governance Watch (DGGW), have announced plans to lead massive protests...
Amidst the fuel crisis that is ravaging Nigeria, the Nigerian National Petroleum Company (NNPC) Limited has officially increased fuel …
Dangote Refinery on Tuesday, began distributing its first batch of Premium Motor Spirit (PMS), known as petrol, from its 650,000 barrels-per-day...
*Promises no more importation of polypropylene as from October By; JACOB ONJEWU DICKSON For the first time, Nigerians will gain a clear understanding...