The Nigerian National Petroleum Company Limited (NNPC Ltd) on Friday said the Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase portal. The NNPC Ltd made this known in reaction to reports that the refinery will sell its petrol at N1,030 per litre. The Petroleum Products Retail Outlets Owners … Read more
Dangote Refinery on Sunday said it sells its petrol at N960 per litre into ships and N990 per litre into trucks. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, disclosed this in a statement on Sunday. The company made this known in reaction to a claim by the marketers that the refinery’s prices … Read more
The Nigerian National Petroleum Company Limited (NNPC Ltd) on Saturday said it is not the sole offtaker of all products from the Dangote Refinery. It said the refinery is free to sell its petrol to any marketer. Olufemi Soneye, the chief corporate communications officer of NNPC Ltd, disclosed this in a statement on Saturday. The … Read more
The Dangote refinery said it never accused the National Petroleum Company Limited (NNPC Ltd) of not supplying the company with crude. The company in a statement on Thursday by its Group Chief Branding and Communications Officer, Anthony Chiejina, made this known in reaction to reports alleging that it has backtracked by acknowledging that NNPC supplied … Read more
The House of Representatives has called for the suspension of the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), Farouk Ahmed, over his comments on the quality of products from Dangote refinery. This resolution followed a motion moved on Tuesday by Esosa Iyawe (LP, Edo) during plenary. Mr Ahmed claimed diesel … Read more
The President of Dangote Group, Aliko Dangote, on Saturday said products refined at the Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery, are of superior quality compared to imported equivalents and meet international standards. A statement by the Dangote Group on Sunday said the billionaire businessman made the remark after the leadership … Read more
The House of Representatives has resolved to set up an ad hoc committee to investigate the alleged conspiracy by international oil companies (IOCs) against Dangote Refinery. The yet-to-be-constituted committee will also probe the inability of NNPC Limited to acquire the 20 per cent stake in the Dangote refinery, a 650,000 barrels per day refinery located … Read more
The 650,000 barrels per day Dangote Refinery is set to import crude from the United States (US) in the coming months, a report has said. Trafigura Group sold 2 million barrels of WTI Midland to the Dangote refinery for end-February delivery, Bloomberg reported Monday, quoting traders with knowledge of the matter. This is the first … Read more
