Tag Archives: crude oil

Record Drop in Nigeria’s Petrol Imports as Dangote Refinery Transforms the Market Nigeria’s import of Premium Motor Spirit, commonly known as petrol, has seen a significant decline in June, marking a historic low. This drop is largely attributed to the increased production capacity of the 650,000 barrels-per-day Dangote Petroleum Refinery. The refinery’s output has significantly reduced the demand for imported …

Dangote Oil Refinery Shifts Focus to Local Crude Supply The Dangote oil refinery is set to receive 10 shipments of crude oil from the Nigerian National Petroleum Company Limited (NNPC) between July and August, according to a report. This development marks a significant step in the facility’s plan to phase out crude imports by December 2025. The refinery aims to …