The Dangote Petroleum Refinery says the Federal Government has not met its target to supply crude oil to the refinery under the naira-for-crude initiative. It said the amount of crude received from the Nigerian National Petroleum Company Limited is “peanuts” compared to the volume needed to ramp the production of refined products. A report by

Punch Newspapers

NNPCL not delivering agreed crude volumes – Dangote refinery

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GistReel The Dangote Petroleum Refinery has stated that the Federal Government is failing to meet its crude oil supply commitments under the naira-for-crude initiative. Devakumar Edwin, Vice President of Dangote Industries Limited, revealed that the refinery has received only a small portion of the agreed crude oil volumes from the Nigerian National Petroleum Company Limited (NNPCL). This shortfall, he said in a report by Reuters, is inadequate …

GistReel

Fuel shortage imminent as Dangote criticizes NNPCL for providing insufficient petrol supply

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.  The post NNPC failing to deliver agreed crude oil under crude-for-naira deal — Dangote refinery  appeared first on Nairametrics.

Nairametrics

NNPC failing to deliver agreed crude oil under crude-for-naira deal — Dangote refinery

The post Dangote Refinery claims NNPCL not delivering agreed crude volumes appeared first on Kemi Filani. The Dangote Petroleum Refinery has claimed that the Federal Government is not meeting its target to supply crude oil to the refinery under the naira-for-crude initiative. It also described the amount of crude received from the Nigerian National Petroleum Company Limited (NNPCL) as “peanuts” compared to the volume needed to ramp the productio…

Kemi Filani News

Dangote Refinery claims NNPCL not delivering agreed crude volumes

The Nigerian government's plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote Oil Refinery, saying

Dateline Nigeria

Naira-based crude sales fall short of target, Dangote refinery says - Dateline Nigeria

The federal government’s initiative to sell crude priced in naira is losing momentum, the vice-president of Dangote Industries Limited, Edwin Devakumar, said in an interview with Reuters on Friday. Early last month, Nigeria officially commenced the sales of crude oil and refined petroleum products in naira, with Dangote refinery focusing on local supply. The refinery received four cargoes of crude oil from the NNPC under the naira-for-crude sale…

Daily Trust

Dangote Refinery picks holes in naira crude sale scheme, blames NNPC - Daily Trust

Dangote Refinery has said the Nigerian government has not met its target to supply oil to the domestic refinery under the Naira-for-crude deal. Vice President of Dangote Industries Limited, Devakumar Edwin, disclosed this in a recent interview with Reuters. According to Edwin, the amount of crude received from the Nigerian National Petroleum Company Limited is [...]

mediatalkafrica.com

NNPC hasn’t met crude supply target under Naira-for-crude deal

The Dangote Petroleum Refinery says the federal government’s
initiative to sell crude priced in the local currency is faltering, as the
plant is still unable to secure adequate supplies.   Edwin Devakumar, the vice-president of Dangote Industries
Limited, spoke to Reuters on Friday.   “We need 650,000 barrels per day, (state oil firm NNPC Ltd)
agreed to give a minimum of 385,000 bpd but they are not even delivering that,”
Devakumar said.   He de…

Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

Naira-based crude sale scheme faltering | NNPC not delivering supply commitment- 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 cr…

TheNigerialawyer

'We're Not Getting Enough Crude' - Dangote Refinery Challenges NNPC Over Unfulfilled Supply Agreement - TheNigeriaLawyer

The Dangote Petroleum Refinery has revealed that the Federal Government is falling short of its commitment to supply crude oil under the naira-for-crude initiative. According to Dangote Industries Limited Vice President, Devakumar Edwin, the refinery has received only a fraction of the agreed volume of crude oil from the Nigerian National Petroleum Company Limited (NNPCL), […] The post Fuel Scarcity Looms As Dangote Accuses NNPCL Of Supplying ‘P…

News360 Info - Breaking News, Nigerian News and Multimedia, World News.

Fuel Scarcity Looms As Dangote Accuses NNPCL Of Supplying ‘Peanuts’ For Petrol Production - News360 Info - Breaking News, Nigerian News and Multimedia, World News.

NNPCL not delivering agreed crude volumes – Dangote refinery

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