NNPC, supply crude to local refineries
THE Dangote Petroleum Refinery’s admission that it missed its August target date to commence production because it could not
Source: punchng.com
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FG Owes NNPC N7.3 Trillion in Fuel Subsidy Debt Following Naira Depreciation
The Nigerian government owes the Nigerian National Petroleum Company Limited (NNPCL) about N7.3 trillion in petrol subsidy payments for imports in 2023.
Source: legit.ng
Any hope for artisanal refining in Nigeria?
Although Nigeria is the 7th largest exporter of Crude Petroleum in the world, Dangote Petroleum Refinery in Ibeju-Lekki, Lagos which was inaugurated in May this year and described as the game changer for Nigeria’s economy is currently importing crude oil from outside the country because NNPC cannot sell crude oil to the Dangote refinery.
Source: guardian.ng
Dangote Refinery Imports Crude As NNPCL Swaps Oil For Loans
Sept 22,2023. LAGOS, Nigeria – The Dangote Petroleum Refinery is currently importing crude oil and expects its first crude cargo in two weeks’ time, the Executive Director, Dangote Group, Devakumar Edwin, has revealed. Although the Nigerian National Petroleum Company Limited trades crude oil on behalf of Nigeria, Edwin in an interview with S&P Global Commodity |
Source: naija247news.com
Low Production Forces Dangote To Source Crude For Refinery Takeoff
After much delay in the production takeoff, Dangote refinery has commenced temporary refining of white products from its asset in Lagos.
Source: leadership.ng