Naira-for-crude: Three refineries plan PMS production, Dangote awaits NNPC supply

Naira-for-crude: Three refineries plan PMS production, Dangote awaits NNPC supply

The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that the naira-for-crude deal has commenced. Also, following the promise by the government, three more refineries are getting set to start the production of Premium Motor Spirit, otherwise known as petrol, it was gathered on Sunday. The three refineries include the […]

October 7, 2024 13 2

NEWS

NNPC set to hand over Warri, Kaduna refineries to private operators

The Nigerian National Petroleum Company Limited says it is seeking to engage reputable and credible Operations and Maintenance companies to operate and maintain the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company.

August 30, 2024 4

NEWS

Dangote refinery ranked above 10 biggest European refineries

A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by the business news platform, the refinery has more capacity than many European ones. The $20bn-worth refinery located in Lekki-Epe Expressway, Lagos State, can refine 650,000 barrels of petroleum products per day. The report sighted by our correspondent on Thursday stated that this is over 246,00bpd […]

April 26, 2024 20

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