FG To Start Crude Oil Sale To Dangote Refinery in October

FG To Start Crude Oil Sale To Dangote Refinery in October

The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the announcement during a meeting with the Implementation Committee on Monday in Abuja. According to a post on the official […]

Port Harcourt Refinery commences operation, Warri to follow in 2024

The Port Harcourt Refining Company in Rivers State has “re-commenced operations” in line with the Federal Government’s promise to ensure the production of refined products at the facility in December 2023. The re-commencement of operations at the Port Harcourt refinery comes over two years after the Federal Government approved funding of $1.5 billion for its […]

Dangote Refinery Receives Its Maiden Crude Cargo

In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote (www.Dangote.com) Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 […]

The Kaduna Refinery to resume operations next year, according to projections by the Federal Government

The Minister of State for Petroleum, Heineken Lokpobiri, made this known during aninspection tour of the refinery on Saturday, October 28, 2023 to assess the level ofongoing rehabilitation.Recall the Nigerian National Petroleum Company Limited (NNPCL) signed an agreementwith a Korean Company, Daewoo Engineering and Construction Nigeria Limited for therehabilitation of the refinery.With the capacity to […]