…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...
L--R, Vice President Business Unity, Dangote Industries Ltd, Olakunle Alake, Vice president Oil & Gas, Dangote Industries Ltd, Devakumar Edwin,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has estimated N950 as the Lagos selling price of petrol sourced from Dangote refinery. This...
*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 Federal Government has announced that the commencement of petroleum lifting from the Dangote Petroleum Refinery and Petrochemicals marks …
Dangote Refinery has denied selling petrol at N898 per litre to the Nigerian National Petroleum Company Limited (NNPCL). The NNPCL, had on Sunday,...
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...