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

Nigeria worse off than during IBB’s era – Peter Obi

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

12 hours ago

Trump wants Musk to be ‘More Aggressive’ in Federal Cuts

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

12 hours ago

Senate Faults Natasha Over Seating Arrangement Dispute

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

13 hours ago

REVEALED: What PDP did in Osun Council Poll

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

13 hours ago

MUSLIM STUDENT CONTROVERSY: College Provost Denies Discrimination Allegations.

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

14 hours ago

Movie Producer’s Foundation Empowers Widows.

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

14 hours ago