KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has reported that the Dangote Petroleum Refinery increased its domestic supply of Premium Motor Spirit (PMS) to 40.1 million …
Dangote refinery
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KEY POINTS The Dangote Petroleum Refinery has attained full operational capacity, with its Crude Distillation Unit and Motor Spirit production block now running at their designed limit of 650,000 barrels …
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In the NewsOil & Gas
Dangote Refinery Cuts Petrol Price by N25, Bringing Gantry Rate to N774 per Litre
KEY POINTS Dangote Reduces Ex-Depot Petrol PriceDangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS) by N25 per litre, lowering the gantry price from N799 to …
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In the NewsOil & Gas
Petrol Could Approach N1,000/Litre If Marketers Choose Costly Coastal Logistics — Dangote Refinery
KEY POINTS Dangote Refinery has cautioned that petrol prices in Nigeria could rise close to N1,000 per litre if fuel marketers rely heavily on coastal shipping for product evacuation and …
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In the NewsOil & Gas
Oil Marketers Ask FCCPC to Probe Dangote Refinery Over Alleged Anti-Competitive Pricing
KEY POINTS A group of Nigerian downstream oil marketers has petitioned the Federal Competition and Consumer Protection Commission, FCCPC, seeking an investigation into what they describe as anti-competitive and market-distorting …
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KEY POINTS Dangote Petroleum Refinery & Petrochemicals (DPRP) has strongly refuted reports suggesting that it imports finished petroleum products, describing the claims as false, misleading, and rooted in a fundamental …
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KEY POINTS Three subsidiaries of the Dangote Group; Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc,announced on Monday that they had signed strengthened gas supply contracts with units …
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KEY POINTS Dangote Petroleum Refinery has reaffirmed its ability to meet and surpass Nigeria’s daily fuel consumption, announcing it can supply up to 75 million litres of Premium Motor Spirit …
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In the NewsMarketsOil & Gas
Marketers Warn Petrol May Hit N1,000 per Litre as Global Crude Prices Surge
KEY POINTS International oil benchmarks surged past $70 per barrel this week, with Brent crude reaching $70.71 and US West Texas Intermediate hitting $65.42. By Friday, prices climbed further to …
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KEY POINTS Petroleum marketers, industry experts, and unions in Nigeria’s downstream sector have raised concerns over what they describe as persistent price instability and uncertainty in the supply, distribution, and …