The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured a bulk purchase deal with Dangote Petroleum Refinery, allowing members to buy petrol at N990 per liter when transported by truck. This direct supply arrangement aims to reduce pump prices, ensure consistent...
The Dangote Petroleum Refinery has announced it will export its petrol products if the Nigerian National Petroleum Company Limited (NNPCL) and local marketers fail to patronize it. The refinery, with a capacity of 650,000 barrels per day, has begun producing Premium Motor Spirit (PMS) to meet...
The Dangote Petroleum Refinery in Ibeju-Lekki receives high praise from Nigeria's engineering community for its impressive scale and innovation. As the refinery prepares to launch petrol production, experts highlight its potential to bolster local supply, enhance economic sustainability, and...
NNPC has repaid 60% of the $1.03 billion loan for its stake in Dangote Petroleum Refinery, amounting to $625 million. The stake has been reduced from 20% to 7.2% due to unpaid balances. The company plans to redirect investments toward compressed natural gas (CNG).
The Nigerian National...
Aliko Dangote announced that the Dangote Petroleum Refinery will begin petrol supply by mid-July after a minor delay. Initial production was slated for June, aiming to end Nigeria's fuel imports. Talks are ongoing with international oil companies to ensure domestic crude oil supply obligations...
Africa's richest person, Aliko Dangote, discusses challenges with crude supply to Dangote Petroleum Refinery on CNN. While some international oil companies struggle, NNPC provides crucial support. Dangote emphasizes Africa's need to shift from raw material export.
Africa's richest person...
Nigerians are applauding Dangote Petroleum Refinery in Lekki for its diesel rollout, a significant milestone achieved through land transport. This development marks a crucial step forward in the refinery's operations, promising increased efficiency and accessibility of diesel fuel to meet the...
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