Capt. Emmanuel Iheanacho, Chairman of Integrated Oil and Gas Limited,has emphasised the indispensable role of depot owners in Nigeria’s fuel supply chain, particularly in the context of the recent delivery of Dangote Premium Motor Spirit (PMS). He spoke in a reaction to a statement made by the billionaire and Chairman …
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The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October 2024. This is according to a statement by the Director Press and Public Relations, Federal Ministry of Finance and Economic Planning, Mr Mohammed Manga in Abuja on Monday. Manga said …
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THE controversy surrounding the sulphur content in the Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery, has yet to abate, Over the weekend, there were online reports alleging that the diesel recently supplied by the $20bn refinery contained high sulphur. This came as oil marketers stated …
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●Documents confirm diesel quality worse than information presented “In terms of quality, when we started, our quality was about six hundred to six fifty ppm, the ppm was one of the best in terms of quality at the time we started. But as of today, we are at 87 ppm. …
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DANGOTE Petroleum Refinery is set to import a cargo of Brazilian crude, according to Bloomberg On Friday, the publication said this added to the large number of overseas barrels of crude feedstock that Nigeria is importing. According to traders with knowledge of the matter, Dangote refinery, which is still ramping …
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A prominent financial data and MEDIA company, Bloomberg, has recently ranked the Dangote Refinery in Nigeria higher than the top 10 largest refineries in Europe. Based on the recent data compiled by the news platform, the Dangote Refinery boasts a greater capacity than many refineries in Europe. Situated in the Lekki-Epe …
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THE Independent Petroleum Marketers Association of Nigeria (IPMAN) has projected that the Dangote refinery will reduce its diesel price further to N700 per litre. The National Vice President of IPMAN, Hammed Fashola, stated this on Wednesday while appreciating the Dangote refinery for reducing the diesel price from over N1,200 to N1,000. …
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SOME weeks back, the $18.5 billion Dangote Refinery and Petrochemical Company, which was commissioned on Monday, May 22, 2023, finally commenced production seven months after it was inaugurated with pomp and circumstance in Lagos. The refinery, which is the biggest in Africa, is expected to earn Nigeria foreign exchange savings …
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The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday, denied claims that it already gave a license to Alhaji Aliko Dangote, owner of the Dangote refinery to import the Petroleum Motor Spirit (PMS) also known as petrol pending completion of his refinery The company stated that it is not within …
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Amid encomiums from eminent personalities, including President Muhammadu Buhari and presidents of five other African countries, founder and President of Dangote Group, Alhaji Aliko Dangote, yesterday expressed optimism that the newly commissioned 650,000pbd refinery would employ over 100,000 Nigerian youths and generate over $21 billion in revenue. According to him, …
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