In a significant shift, Dangote Refinery has suspended the sale of petroleum products in naira, citing a stalled crude supply agreement with the Nigerian National Petroleum Company Limited (NNPC). The refinery, which currently sources crude oil in U.S. dollars from the global market, announced that it would not be loading petroleum products for the Nigerian […]
Optimism Among IPMAN MembersThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed confidence that its members will begin loading petroleum products from the Port Harcourt refinery this week. The refinery, which is owned by the Nigerian National Petroleum Corporation (NNPC) Limited, has resumed operations, processing 60,000 barrels per day at 70% capacity. Current Refinery […]
