December 26, 2024
NNPC conditions: Dangote refinery may dump local market, export petrol

NNPC conditions: Dangote refinery may dump local market, export petrol

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The Dangote Refinery said it is seeking crude oil import from Libya and Angola amid a supply challenge in Nigeria.

The Vice President of Dangote Industry Limited (DIL), Devakumar Edwin disclosed this in an interview with Reuters on Sunday.

Edwin said outside Libya and Angola, the 650,000 barrels per day refinery would also look to other African countries for crude to increase production in its facility.

“We are talking to Libya about importing crude.

“We will talk to Angola, as well and some other countries in Africa,” Edwin told Reuters.

The development comes after the firm had sought crude oil from the United States and Brazil.

Recall that in the past days, the Dangote refinery had been at the center of discussion in Nigeria’s media discourse following a statement by the Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed that its products are inferior.

Ahmed’s has received a wide range of reactions from the public.

Meanwhile, Aliko Dangote, the Chairman of Dangote Group has dismissed Ahmed’s statement, calling for an independent test.

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