Business

Dangote Refinery approaches two African countries for Crude oil import

The Dangote Refinery announced that, due to a shortage in Nigeria, it is looking to buy crude oil from Angola and Libya.

This was revealed in a Sunday interview with Reuters by Devakumar Edwin, the vice president of Dangote Industry Limited (DIL).

According to Edwin, the refinery that produces 650,000 barrels per day would search outside of Libya and Angola for crude oil in order to boost output at its plant.

“We are talking to Libya about importing crude.

“We will talk to Angola, as well and some other countries in Africa,” Edwin told Reuters.

This happened after the company looked for crude oil in Brazil and the United States.

Recall how the Dangote refinery was the talk of the Nigerian media a few days ago after Farouk Ahmed, the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, claimed that the refinery’s products were inferior.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

View Comments

Recent Posts

EPL: Sol Campbell predicts Arsenal vs Chelsea game, names team to win title

Keep up with the latest news and be part of our weekly giveaways and airtime…

21 hours ago

EPL: Nicky Butt names two leaders in Arsenal team

Keep up with the latest news and be part of our weekly giveaways and airtime…

21 hours ago

Nevzat Dindar clears air on Osimhen’s alleged warning letter to Galatasaray over salary delays

Keep up with the latest news and be part of our weekly giveaways and airtime…

22 hours ago

Lagos govt issues fresh update on ban of korope buses along Lekki–Epe corridor

Keep up with the latest news and be part of our weekly giveaways and airtime…

22 hours ago

Simi breaks silence on backlash over old tweets

Keep up with the latest news and be part of our weekly giveaways and airtime…

22 hours ago

New tide of racial abuse shakes football – From Vinicius to Fofana, Tolu Arokodare, and others

Keep up with the latest news and be part of our weekly giveaways and airtime…

23 hours ago