US EditionNigeria: MRS to Sell At N839 Per Litre As Dangote Refinery Increases Petrol Price
- On Monday, Dangote Petroleum Refinery & Petrochemicals announced the PMS gantry price is N799 per litre and MRS Oil Nigeria Plc retail outlets are selling petrol at N839 per litre nationwide.
- After the festive period, the refinery concluded its temporary price support as Dangote Petroleum Refinery absorbed high costs and had pledged a N739 per litre retail price in December last year.
- David Bird said the Refinery continues to supply about 50 million litres per day with normal distribution, and its design flexibility processes varied feedstocks during maintenance.
- Many filling stations failed to reflect the earlier reduced price at the pump, and as of Monday night retail filling stations including Nigerian National Petroleum Company Limited dispensed petrol between N805 and N830 per litre.
- Reports from Kpler and DAILY POST note the refinery imported gasoline during Residual Fluid Catalytic Cracker downtime, and the Dangote Petroleum Refinery is a $20 billion plant.
25 Articles
25 Articles
Dangote refinery increases petrol gantry price
Despite the price adjustment, the Dangote Petroleum Refinery said it remains focused on delivering energy security, price stability, and long-term value for Nigerians The post Dangote refinery increases petrol gantry price appeared first on Premium Times Nigeria.
Nigeria: MRS to Sell At N839 Per Litre As Dangote Refinery Increases Petrol Price
Dangote Petroleum Refinery has announced an upward adjustment in the price of Premium Motor Spirit (PMS) otherwise known as petrol with MRS Oil Nigeria Plc retail outlets now selling petrol at N839 per litre nationwide.
MRS To Sell At N839 Per Litre As Dangote Refinery Increases Petrol Price
Dangote Petroleum Refinery has announced an upward adjustment in the price of Premium Motor Spirit (PMS) otherwise known as petrol with MRS Oil Nigeria Plc retail outlets now selling petrol at N839 per litre nationwide. The adjustment follows the conclusion of a temporary festive price support intervention introduced by the Refinery to cushion Nigerians during the recent holiday period marked by heightened household spending. During that period,…
Aliko Dangote's refinery lifts petrol prices 14 percent
Dangote Refinery, the $20 billion oil processing facility owned by Africa’s richest man, Aliko Dangote, has raised the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by more than 14 percent, as global crude oil prices climbed sharply following supply disruptions in the United States.Dangote raises PMS amid crude rallyThe price adjustment comes as Brent crude futures settled up $1.98, or nearly 3 percent, at $67.57 a barrel…
Imported petrol beats Dangote on price
The landing cost of imported Premium Motor Spirit (petrol) is now lower than the gantry price of the commodity from the Dangote Petroleum Refinery, following the refinery’s decision to hike prices, The PUNCH reports. Data from the Major Energies Marketers Association of Nigeria show that the landing cost of imported petrol was N728.88 per litre […]
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