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Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels (11017 Views)

Nigeria’s Money Supply Hits New All-Time High Of ₦93.72 Trillion In January 2024 / Fresh Voter Registration Hits 6.6 Million - INEC / Panic In Otuabula 2, Bayelsa As Crude Oil Mysteriously Erupts From The Ground (2) (3) (4)

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by thaoriginator: 7:53am On Jan 09
Nigeria will soon be great insha Allah Ameen 🤞🏾🤲🏾🙏🏾

1 Like

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by jaxxy(m): 8:00am On Jan 09
I wish dangote the best of luck.

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Tonytonex(m): 8:01am On Jan 09
onez:
Dangote refinery should be forfeited to federal government. It is a product of fraud.
The ones that the federal government have, is it functioning?

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by egbedox: 8:02am On Jan 09
onez:
Dangote refinery should be forfeited to federal government. It is a product of fraud.

Where is your proof? As far as there may be some speculation and ear says, it may be too expensive to expressly make a point like this in a public domain. Be guided

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Tonytonex(m): 8:03am On Jan 09
jaxxy:
I wish dangote the best of luck.
very funny.
You should be wishing yourself.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Fearyourcreator: 8:04am On Jan 09
Kukutente23:
So are we always going to be informed any time the refinery gets a supply of crude?

Besides, how practicable is it for supply to take a whole month when production is supposed to be every blessed day.

If we go by the 650k capacity, the crude supplied will last just 10 days.

What happens to the refinery in the remaining 20 days before the next supply is completed?
Something dem dey do outside Nigeria ... So within won't be problem

1 Like

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Niok: 8:05am On Jan 09
You can imagine the bypasses and incentives he got from the government to be able to accertain the richest man status
Fraud and illegality thrives in Nigeria no be small
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by OyinO: 8:18am On Jan 09
Monopoly is coming. The dumb Nigerians will cry out even more than ever.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by vacanci: 8:18am On Jan 09
Angelfrost:
Can this refinery start working already?!!

"Dangote refinery set for production as crude oil is supplied"


Same news report for the past 6 months.


Renewed Hope Administration... Please, less talk, more results.

can you quote any report that showed that Dangote refinery had crude oil supply 6 months ago? Pls i will like to see it

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by uvie66: 8:26am On Jan 09
onez:
Dangote refinery should be forfeited to federal government. It is a product of fraud.
....so they will run it down the way they have done other refineries

2 Likes

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by jaxxy(m): 8:32am On Jan 09
Tonytonex:
very funny.
You should be wishing yourself.

wishing others well doesn't mean I don't wish same for myself. Lol

Many people are hating on dangote for various reasons best known to them and his refinery has dragged and delayed and believe it or not that refinery is a major investment that can make or break him and it has to succeed not just for him but for the country.

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by kclub83(m): 8:35am On Jan 09
Melezenawii:


https://punchng.com/dangote-set-for-production-as-crude-supply-hits-6million-barrels/
everyday story. ... Story for the gods. We've been hearing this news Everytime and nothing comes out. If dangote refinery uses 20years to run mad about refining crude oil so when will his madness enter market to start selling premium motor spirit to Nigerians?
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Newton1045: 8:39am On Jan 09
Wetin be the problem.
Just release this fuel
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by SeaTrade(m): 9:00am On Jan 09
mrvitalis:

Save the only way you can save forex ia if we increase production of crude

If he gets it from our current production it makes no difference
Crude is an international commodity that is sold even to local capacity at international prices,
Meaning he'll purchase whatever crude the refinery needs from NNPC at international prices and NNPC also get to save money by his patronage on logistics cost.
Rather than transport to Europe or Asia to sell,you sell in your backyard for same price.
Where is the loss? undecided
Or you thought NNPC was going to give him free crude or sell in cowries or what? undecided

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Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by mrvitalis(m): 9:10am On Jan 09
SeaTrade:
Crude is an international commodity that is sold even to local capacity at international prices,
Meaning he'll purchase whatever crude the refinery needs from NNPC at international prices and NNPC also get to save money by his patronage on logistics cost.
Rather than transport to Europe or Asia to sell,you sell in your backyard for same price.
Where is the loss? undecided
Or you thought NNPC was going to give him free crude or sell in cowries or what? undecided
So you think NNPC sales crude? Lmaooo

Education in the South West has to be reviewed honestly

Do you even have an idea how the oil industry works?
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by ABC101FF: 9:18am On Jan 09
Golan007:


Obi.
angry
Congratulations on constantly keeping in touch with delusions.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by ABC101FF: 9:19am On Jan 09
Golan007:


Obi.
angry
Congratulations on constantly being in tunes with self-delusional confusions.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by aguluobi: 9:27am On Jan 09
Hate wan kill your papa

onez:
Dangote refinery should be forfeited to federal government. It is a product of fraud.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by aguluobi: 9:28am On Jan 09
Is this not beta than Orient Petroleum Pandora. Obi invested billion of anamabra fund n over 16 years after no single drop of petrol produced.

Angelfrost:
Can this refinery start working already?!!

"Dangote refinery set for production as crude oil is supplied"

Frenzyboy post=127850332:
Continue deceiving the masses.
ecolime:
Same thing they said in May 2023.

ABC101FF:
Between Dangote and Tinubu I don't know who gives more lamba.
bellosulaiman:
We need to flog the OP… does the post makes any sense to you at all? Dangote refinery “set to” …
Let’s know what we are doing ooo. State the timeline Abi which one is this half post?
Chizy12345:
that refinery is not real
mrvitalis:
Why are you tell us this?

How exactly is this Information important

Is the refinery not a private business?

I still waiting for how dangote would buy crude at the international price transport, refine and sale at 50 cents per litre
oluseyiforjesus:
One day one day ds refinary go Sha start work.
Agbadocassava:
dey play my fans
kiss
Same news report for the past 6 months.


Renewed Hope Administration... Please, less talk, more results.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by aywagze(m): 9:36am On Jan 09
Perhaps by December 2024, they will finally final set ..🤔
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by History555: 9:38am On Jan 09
SeaTrade:
No one promised you cheap fuel from Dangote refinery.
All they're celebrating about is Nigeria is going to hit self sufficiency on energy and also save forex from not having to import it.
Whatever price the refinery sells is entirely up to them and their marketers.
It's that simple.

The forex you save is the forex you will lose by not selling in international markets. Dangote should have built two refinery each 200k. Take advantage of this 400k nnpc swaps for refined crude every day. This 650k a day means nnpc must provide him 650k every day.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Oshokhai69: 9:46am On Jan 09
mrvitalis:

So you think NNPC sales crude? Lmaooo

Education in the South West has to be reviewed honestly

Do you even have an idea how the oil industry works?

Try to learn the difference between sells and sales angry
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by mrvitalis(m): 9:49am On Jan 09
Oshokhai69:


Try to learn the difference between sells and sales angry
Ok so what has that got to do with my point were heard of auto correct?
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by ABC101FF: 9:59am On Jan 09
aguluobi:
Is this not beta than Orient Petroleum Pandora. Obi invested billion of anamabra fund n over 16 years after no single drop of petrol produced.

The magnitude of obsession with Obi which brews inside of you and your paymasters cannot be rivaled. Your moniker even attests. He's the tormentor-in-chief to you and your household at large.

1 Like

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Oshokhai69: 10:03am On Jan 09
mrvitalis:

Ok so what has that got to do with my point were heard of auto correct?

Let me recommend a good book. Try Brighter Grammar!
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by SeaTrade(m): 11:07am On Jan 09
mrvitalis:

So you think NNPC sales crude? Lmaooo

Education in the South West has to be reviewed honestly

Do you even have an idea how the oil industry works?
NNPC don't sell crude,who does?
So you don't know that the Transfigura or Vitol and their likes your stupid ass is about to mention are customers to NNPC?
There's a supply chain to every business no doubt,but at the end of the day,who gets paid?
Ode.

1 Like

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by SeaTrade(m): 11:10am On Jan 09
History555:


The forex you save is the forex you will lose by not selling in international markets. Dangote should have built two refinery each 200k. Take advantage of this 400k nnpc swaps for refined crude every day. This 650k a day means nnpc must provide him 650k every day.
Dangote refinery will buy Nigerian crude at international prices from NNPC distributors and in dollars, so they didn't lose any sale.Only countries with a production surplus can sell some at local currency and maybe discounted rates,Nigeria don't have that kind of capacity yet.
Infact,they'll make more money selling to dangote because they'll not pay for logistics.
The only reason NNPC supplied this 6m barrels to Dangote is because it was part of their payment terms when buying the 20% stake in his refinery.
In essence,there'd be forex surplus.
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by treatise: 11:46am On Jan 09
Lastmankc:
Audio as usual
It was commissioned by the Buhari's government
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by Smyk13: 12:26pm On Jan 09
Will it make any difference in terms of petroleum prices or what exactly is the excitement about Dangote refinery starting work?
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by khattab02: 12:26pm On Jan 09
MrBroke:
Refinery work or no work e no get any impact for my personal live. So nothing consine me. Mtcheww
Lol..

Don't worry u will not be broke again.

1 Like

Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by khattab02: 12:35pm On Jan 09
Smyk13:
Will it make any difference in terms of petroleum prices or what exactly is the excitement about Dangote refinery starting work?
yes
Re: Dangote Refinery Set For Production As Crude Supply Hits 6 Million Barrels by MrBroke(m): 12:37pm On Jan 09
khattab02:
Lol..

Don't worry u will not be broke again.

grin was never broke

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