Dangote refinery buys more foreign crude

NNPC, Dangote, Naira-for-Crude Deal and other Matters
Apparently, the major source of discomfort for Dangote Refinery at the moment, as can be seen in the sponsored campaign materials, is the continued importation of refined products by NNPC and other marketers.
NNPC’s Dangote refinery to extend crude supply deal
Nigeria's state oil company, NNPC, has initiated talks with Dangote Oil Refinery to extend their existing supply contract for naira-based crude oil. The original six-month agreement, set to conclude this month,
Dangote Refinery Expands Crude Imports Due To Insufficient Local Supply
Dangote Refinery has imported US, Algerian, and Angolan crude to supplement domestic supply and boost production rates.
Dangote Refinery increases crude imports amid end of Naira-for-Crude deal
The Dangote Refinery and Petrochemical Company is reportedly sourcing crude oil from multiple international suppliers as it gradually increases production,
Nigeria's NNPC, Dangote Refinery in talks to extend naira-based crude supply deal
Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying crude oil in the naira currency, the company said.
Dangote Refinery seeks crude from Algeria, Angola, US, others amid naira-for-crude deal
How oil loans are disrupting Nigeria’s Naira-for-crude deal
However, oil-backed loan obligations are now limiting the crude available for local refineries. The Nigerian National Petroleum Company (NNPC) has tied up a significant portion of its crude output in loan agreements,
Naira-for-crude deal: NNPCL warned against sabotaging local refineries
The Nigerian National Petroleum Company Limited, NNPCL, has been warned against sabotaging the operations of local refineries. A political pressure group, the Conference of Progressive Nigerians, CPN,
NNPC Speaks On Naira Crude Contract With Dangote Refinery
Mr Soneye said discussions are ongoing towards emplacing a new contract.The Nigerian National Petroleum Company Limited (NNPC Ltd) has addressed reports alleging unilateral termination of the crude oil sales agreement in Naira between NNPC and Dangote Refinery.
Legit.ng on MSN1h
Dangote Lists Economic Benefits of Refinery, Reduces Petrol Price
The Dangote Group has revealed some of the benefits Nigerians and the general economy will enjoy from its petroleum refinery ...
Business Day4h
Dangote refinery cuts petrol price to N815/litre in third 2025 reduction
The price competition within the downstream oil sector persisted on Thursday as the Dangote Refinery discreetly implemented a price reduction ...
The Punch on MSN1d
Dangote refinery loses N32bn after petrol price cut
The Dangote oil refinery will lose up to N32.5bn from 500 million litres stock of premium motor spirit following the recent ...
Legit.ng on MSN9h
See the new petrol prices by Dangote Refinery as it lowers costs again
The Dangote Refinery has quietly lowered its petrol prices again from N825 to N815 at its loading gantry following the crash ...
How Nigeria’s Dangote refinery is fuelling a petrol price war
At petrol stations surveyed by Energy Source in the Ikoyi and Victoria Island districts of Lagos, fuel now retails for ...
Daily Independent on MSN11d
Dangote Refinery Assures Refunds for PMS Purchased Above Revised Price from Key Partners
Dangote Refinery had pledged to refund customers who bought PMS above N825/litre from key partners Ardova Plc, Heyden, or MRS ...
Legit.ng on MSN1d
Dangote Refinery Counts Losses After Petrol Price Crash as Marketers Ask FG to Halt Further Slash
The Dangote Refinery has reportedly lost about N32.5 billion as it lowered petrol prices twice in February, leading to ...