Dangote Petroleum Refinery said it has exported Premium Motor Spirit, PMS, also known as petrol to Cameroon, Ghana, Angola and South Africa. The Vice President of Oil and Gas, Dangote Industries Limited, Dr. Devakumar Edwin, disclosed this recently when a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria,…
The Nigerian government’s plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying they are still unable to secure adequate supplies. To address challenges in accessing foreign currency, the government in July said it would sell crude priced in naira to local refineries for an…
The Dangote Petroleum Refinery has announced a two percent reduction in the price of Premium Motor Spirit also known as petrol, lowering it from N990 per litre to N970. This gesture, according to the refinery, is a token of appreciation to Nigerians for their support and an acknowledgment of the government’s role in fostering domestic…
The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil supply obligations under the naira-for-crude agreement. Edwin Devakumar, the Vice President of the Dangote Group, disclosed this in a statement reported by Reuters. Devakumar explained that the national oil company had committed to supplying the…
The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia, Saturday PUNCH can confirm. A highly credible source, who confirmed this exclusively to one of our correspondents on Friday, said the management of the 650,000-barrel per-day capacity refinery was at advanced stages of talks with the countries to…
The Dangote Petroleum Refinery has issued a warning to Nigerians regarding a newly established depot, reportedly leased by an unnamed international trading company, which is allegedly blending substandard petroleum products. The company stated that the depot, located near Dangote’s facilities, poses a risk as it aims to introduce these inferior products into the market, potentially…
The chairman of Dangote Group, Aliko Dangote, has blamed the persistent shortages and long queues at filling stations across Nigeria on the failure of marketers to lift the products from his refinery. Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel…
The chairman of Dangote Group, Aliko Dangote, has blamed the persistent shortages and long queues at filling stations across Nigeria on the failure of marketers to lift the products from his refinery. Speaking in an interview with correspondents at the Presidential Villa, Abuja on Tuesday, he emphasized the refinery’s capacity to meet the nation’s fuel…
