Dangote Refinery Welcomes First Crude Oil Shipment
Crude-for-naira deal: NNPC fails to deliver agreed crude oil – Dangote refinery
The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil supply obligations under the naira-for-crude agreement.
Edwin Devakumar, the Vice President of the Dangote Group, disclosed this in a statement reported by Reuters.
Devakumar explained that the national oil company had committed to supplying the refinery with a minimum of 385,000 barrels per day (bpd) under the crude-for-naira deal.
READ ALSO:
However, he alleged that the NNPC is falling short of this commitment.
According to Reuters, Devakumar characterized the volume of crude currently supplied by NNPC Limited as “peanut,” though he did not specify the exact amount.
“We need 650,000 barrels per day, and NNPC Ltd agreed to supply a minimum of 385,000 bpd, but they are not even delivering that,” Devakumar stated.
Relief Radiant Hearts Foundation Launched in Iwo, Promises Hope for the Vulnerable March 3,…
Atiku’s Son Resigns as Adamawa Commissioner Following Fintiri’s APC Defection Yola, Adamawa State — Adamu…
Edo Gov Okpebholo Joins Benin City Youths in Protest Over Power Outages Benin City, Edo…
The world dislikes the weak, by Hakeem Baba-Ahmed You just knew they would not turn tail…
Pastor, Wife Arrested in Bayelsa Over Alleged Rape of 13-Year-Old Girl YENAGOA, BAYELSA STATE —…
DSS Busts Alleged Arms Trafficking Network in Gombe, Seizes RPGs Operatives of the Department of…