Dangote Refinery gets 146,000 metric tonnes of oil from global market 

Dangote Refinery has received 146,000 metric tonnes of oil from the international market, with the vessel Hercules currently unloading its cargo. According to Vanguard’s reports, another ship, Sienna, is set to arrive with an additional 125,000 metric tonnes of crude oil for refining.

In related news, three vessels—Microft, STI Mighty, and PS New Orleans—have docked to load 10,000 metric tonnes, 44,000 metric tonnes, and 44,000 metric tonnes of jet fuel, respectively, from the refinery, which has a capacity of 650,000 barrels per day, for distribution in the global market.

The tanker position also indicates that several vessels are scheduled to deliver various amounts of imported Premium Motor Spirit (PMS) and diesel for different operators, including Aiteo, A.A Rano, Obat, Pinnacle, MENJ, and Rainoil.

Olatide Jeremiah, CEO of Petroleum Price NG, confirmed these developments, noting that the deregulation of the sector has enabled marketers to source petroleum products from both domestic and international markets, resulting in increased activity.

Recently, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) committed to enhancing their collaboration to strengthen Nigeria’s energy security and promote shared prosperity for its citizens.

Aliko Dangote, President and Chief Executive of Dangote Group, highlighted that the two entities are partners rather than competitors. He remarked, “There is no competition between us… NNPC is integral to our business, and we are also an essential part of NNPC.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Top