Tag: Dangote Refinery

Dangote Refinery Buys 1m Barrels of Algerian Oil to Boost Capacity

Dangote refinery has purchased 1 million barrels of Algeria's light sweet Saharan Blend crude. The deal was made with trading firm Glencore, and delivery is expected between March 15-20. The…

Dangote Refinery Will Put An End To Petrol Queues in Nigeria – Lai

Minister of information and culture, Alhaji Lai Mohammed has said the Dangote Refinery will guarantee the availability of petroleum products in Nigeria.  The minister stated this on Sunday after a…

Dangote To Refine More Than 300,000 Barrels of Crude Daily

Aliko Dangote has disclosed that the Dangote Refinery has secured a licence to refine up to 300,000 barrels of Nigerian crude per day. Dangote, who state this in an interview…

Dangote Refinery Debunks NNPCL’s Claim on Fuel Price

Dangote Refinery has rejected the claim made by the Nigerian National Petroleum Company Limited (NNPCL) that they sold fuel to them at N898 per litre. The refinery described the statement…

NNPC Secures $1bn Loan to Boost Dangote Refinery 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured a $1 billion loan backed by crude oil to assist in overcoming liquidity challenges faced by the Dangote Refinery. Speaking…

NNPCL Refutes Ending Naira-for-Crude Deal with Dangote Refinery

NNPCL has denied reports that it terminated its naira-for-crude sale deal with Dangote Refinery. The deal, which commenced in October, was a six-month agreement subject to availability and is set…

NNPC to Supply Dangote Refinery Crude Oil For 20 Years

The Nigerian National Petroleum Company Limited has bargained with Dangote Refinery to supply crude oil for 20 years. It was learnt that the bargain would allow NNPC the first right-of-first…

Dangote Refinery Procures First Crude Oil From Shell

The Dangote Petroleum Refinery and Petrochemicals plant has procured one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO). The procurement was disclosed in…

Fuel Price Hike: NNPC to Sell Petrol at N1,019 per Litre in Borno, N950 in Lagos

The Nigerian National Petroleum Company Limited (NNPC) has announced that it will sell petrol lifted from the Dangote Refinery at a price above N1,000 per litre in the far north.…

Petrol Price to Sell at ₦935/Litre Today – IPMAN

The Independent Petroleum Marketers Association of Nigeria has announced that petrol will sell for ₦935 per litre beginning from Monday. This development follows a price war between the Dangote Petroleum…