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PLS how might the dangote refinery plant affect those oil importers. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / PLS how might the dangote refinery plant affect those oil importers. (136 Views)

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PLS how might the dangote refinery plant affect those oil importers. by newdetailsoper: 4:18am On Feb 01
PLS how might the dangote refinery plant affect those oil importers.Will they have to do something else?
Re: PLS how might the dangote refinery plant affect those oil importers. by Haakeem(m): 4:24am On Feb 01
Re: PLS how might the dangote refinery plant affect those oil importers. by newdetailsoper: 4:27am On Feb 01
Haakeem:
hi.
am cool.
Re: PLS how might the dangote refinery plant affect those oil importers. by Haakeem(m): 4:28am On Feb 01
newdetailsoper:
am cool.
kk.
Re: PLS how might the dangote refinery plant affect those oil importers. by inspectorg(m): 5:13am On Feb 01
Through the demand and supply factor and price fixing.u see dangote will be able to meet a higher level of demand by the populace and will also play a key role in price fixing of the refined products as a big supplier in the market. In a lay man view | dangote(manufacturer/supplier)===>importers(distributors/suppliers) ===>wholesalers/retailers (Big distributors, filling stations).
Re: PLS how might the dangote refinery plant affect those oil importers. by hakeemhakeem(m): 5:46am On Feb 01
It's going to have negative effects
1.time lag: why they are waiting for the products to arrive dangote is selling
2.price: the exchange rate would affect the price, dangote doesn't need to change # to $ because he will receive $ from foreign costumers who are buying refined products like gas,pms and aviation fuel.its a win win for dangote
Re: PLS how might the dangote refinery plant affect those oil importers. by Nobody: 6:38am On Feb 01
Nnpc is the sole importer of petroleum products, others lift from nnpc depots.









Somehow nnpc can not maintain their own refinery thanks to nigerian factor
Re: PLS how might the dangote refinery plant affect those oil importers. by newdetailsoper: 12:28pm On Feb 01
inspectorg:
Through the demand and supply factor and price fixing.u see dangote will be able to meet a higher level of demand by the populace and will also play a key role in price fixing of the refined products as a big supplier in the market. In a lay man view | dangote(manufacturer/supplier)===>importers(distributors/suppliers) ===>wholesalers/retailers (Big distributors, filling stations).

thanks for the insight. Nice one.

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Re: PLS how might the dangote refinery plant affect those oil importers. by newdetailsoper: 12:29pm On Feb 01
hakeemhakeem:
It's going to have negative effects
1.time lag: why they are waiting for the products to arrive dangote is selling
2.price: the exchange rate would affect the price, dangote doesn't need to change # to $ because he will receive $ from foreign costumers who are buying refined products like gas,pms and aviation fuel.its a win win for dangote
.


Nice analysis.So i guess the importers might stop importing.

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