Dangote refinery denies receiving seven crude cargoes
Officials at the Dangote Petroleum Refinery have rejected claims that they were allocated seven crude cargoes by the Nigerian National Petroleum Company Limited. They clarified that ongoing discussions with the NNPC have not resulted in an increase from the usual five cargoes per month. The refinery stated it expects to receive about six cargoes for May, not seven as reported. Dangote officials continue to appeal for more crude allocations to meet their operational needs.
TLDR
- Dangote Petroleum Refinery officials say they have not been informed of an increase to seven crude cargoes for May.
- The refinery expects to receive about six cargoes in May, not seven as some reports suggested.
- The facility requires over 19 cargoes monthly but typically receives only five, leading to reliance on imported crude.
- Local crude producers have reportedly failed to supply enough feedstock, forcing the refinery to pay international market prices.
- The refinery has raised fuel prices due to supply challenges and urges the government to allocate more crude to stabilize production and prices.
