Operators in the downstream oil sector, on Sunday, declared that no oil marketer would buy Premium Motor Spirit (PMS), popularly called petrol, from the Dangote Petroleum Refinery and sell at the prevalent pump prices at filling stations in Nigeria except the Nigerian National Petroleum Company Limited (NNPCL). While speaking to journalists, the Deputy National President…
Amidst lingering crisis, Dangote Refinery has revealed that the Nigeria National Petroleum Company Limited (NNPCL), is supplying insufficient crude oil for its production demand, hence it is planning to source from Brazil and America. The President of Dangote Group, Aliko Dangote and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, alongside NNPCL, had been…
Africa’s richest man, Aliko Dangote, has clarified that the Federal and State Governments did not provide incentives for his $20 billion refinery at the Lekki Free Trade Zone. Speaking during a visit from the House leadership, Dangote revealed that he paid $100 million for the land. Dangote emphasised, “We did not collect a single incentive…
By Mo Isa Recently commissioned Dangote Refinery will be importing crude oil from the United States in the coming months, SaharaReporters reports. According to the report, traders with knowledge of the matter said Trafigura Group sold 2 million barrels of WTI Midland to Dangote refinery for end-February delivery. This is the first time that the…
By Mo Isa Dangote Petroleum Refinery has begun the production of diesel and aviation fuel. This was disclosed by Alhaji Aliko Dangote on Friday, who thanked President Bola Tinubu for his support and encouragement, towards the actualisation of the project. The President of the Dangote Group also thanked the Nigerian National Petroleum Company Limited, NNPCL,…
