Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,161,616 members, 7,847,576 topics. Date: Saturday, 01 June 2024 at 09:12 PM

Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S (14149 Views)

Dangote Refinery To Import Crude Oil From The United States / Dangote Set To Flood African Market With Refined Petroleum Products / Autumn Spikes Evicted From U.S. Apartment For Owing Six Months’ Rent (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Joy2dworldxyz: 6:55am On May 18
Good one but
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Angelfrost(m): 6:55am On May 18
Okay... Let me get this straight...

Dangote is refining crude oil in Nigeria but selling it outside Naija.

Does it mean Nigerian markets don't need his products or are saturated??!

Can it be true that Nigeria is still importing refined fuel while a refinery here is exporting??!

He is buying crude outside in huge volumes... Does it mean his country's crude is not sufficient for him?!! Or we are already sold out to other refineries abroad??!

A lot is yet to begin to make sense in this country under APC.

4 Likes

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by BeeNG3: 6:55am On May 18
Atlast Naija finally sell petrol
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Joy2dworldxyz: 6:57am On May 18
Paraman:
Some set of people will be sad

Are you a paid agent for tribal conflict instigation?

3 Likes

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Bigseven(m): 6:58am On May 18
Only if the lier and his crew build 4 refineries as promised we wouldn’t in this mess. Though we know he was lying when he said that but north no gree for anyone until bubu was made the president.
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by blackgold2018(m): 7:01am On May 18
Lizzysamuel:


Are you insane?

Sad over what?

That Dangote Refinery is yet to refine a spoon of PMS?

Or that he's buying crude from US when his country is OPEC?

Or that he's exporting sulphur oil, when it should be charity ahome?

Are you guys this dumb?

Moreso, Dangote Refinery is like Viju milk. It's a private company moda4ka.
I actually dont know the Nigerian politics of Dangote yet to refine PMS. Also the politics of the Dangote oil chief saying Nigerian crude is either insufficient, unavailable and unreliable.

Nnawah o.. Nigeria my country. I really know corruption will not make the refinery benefit Nigerians

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by anonymous1759(m): 7:02am On May 18
Minions asking what’s the benefits of LFTW can see it now , it’s just getting started if you invest in Lagos you’ll have yourself to rejoice
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Kaa4(m): 7:02am On May 18
Lizzysamuel:


Are you insane?

Sad over what?

That Dangote Refinery is yet to refine a spoon of PMS?

Or that he's buying crude from US when his country is OPEC?

Or that he's exporting sulphur oil, when it should be charity ahome?

Are you guys this dumb?
Though your language is very rough, people are not appreciating Dangote. The man is so flexible for himself and for Nigeria. When the country is ready, we will be wise, but I am thinking we're late. The man has moved on.

Congratulations to Aliko Dangote!!!
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Blazebond(m): 7:02am On May 18
Some of you Dumbo's are rejoicing over what is supposed to make you think critically? Are the lots of you crazily stupid or what? What really makes you all think it is okay for you to rejoice over something that is not beneficial to the growth of your country?

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by vibratingpenis: 7:03am On May 18
Paraman:
Some set of people will be sad

I don't understand, some people will be sad that an oil company in Nigeria is importing crude that Nigeria is exporting?

What is wrong with you people's brain?

2 Likes

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Blaze14k: 7:04am On May 18
Paraman:
Some set of people will be sad

For what reason exactly. Wait oo I thought he crashed diesel price why is it at 1300?
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by vibratingpenis: 7:07am On May 18
Richtaiwo:
Hateful elements and society dregs said Dangote was building refinery because of niger delta oyel. I wonder if countries like India also built refinery because of niger delta oyel. They insult Dangote for living, now insult him for siphoning Niger delta oyel. Irritating things.

Stay within context, how can dangote be refining crude oil in Nigeria Not from Nigeria and selling Not to Nigerians?

Why are your brains retarded this way.

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Purevibe74: 7:10am On May 18
axglide:
Nigeria you better get the Port Harcourt And Warri Refineries up and running. I won’t say much.
it seems that not a priority for those criminals who call them selves leaders.
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Gkay1(m): 7:15am On May 18
Kgff
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Believeintruth: 7:25am On May 18
Paraman:
Some set of people will be sad

Cool down with this spread of propaganda, the same Europe where the demand has gone low because of EV vehicles is the same one that Dangote want to flood with straight run gasoline of low sulphur grade!! Guy try to articulate your propaganda so that your stories can add up very well.

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by OGUAF(m): 7:28am On May 18
udomonday:
Dangote should also acquire a prospecting liscence and drill his own crude oil.I just wonder why the country has not compelled the oil companies to build their own refineries even if small once,

Dangote already has 2 oil blocks that was purchased from Shell via a Joint Venture with another Nigerian Company. OML 71 and 72. The popular kalakuta field or so is part of the block

This has been a long time
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Believeintruth: 7:28am On May 18
Richtaiwo:
Hateful elements and society dregs said Dangote was building refinery because of niger delta oyel. I wonder if countries like India also built refinery because of niger delta oyel. They insult Dangote for living, now insult him for siphoning Niger delta oyel. Irritating things.

Dude this post is all lies and propaganda. Straight run gasoline or straight run fuel oil is the first stage gasoline that is produced the final stage is when it is passed through catalytic cracking and mixed with additives to improve the octane rating before getting the standard PMS or premium gasoline. Now they are saying Dangote's straight run gasoline is entering European markets, the same markets where demand is falling because of emphasis on EV and hybrid variants of vehicles!!! The same Europe where refineries are scaling down because of low demand!!! You guys should look for lies and propaganda that can stick.

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by konvicted77: 7:31am On May 18
Which refinery are you guys always referring to.

1. Dangote referring is not working yet and they're not sure if that refinery will ever work, all the pipe works their are leaking.
2. All the pipelines their was installed without coating, all have rust.
3. Their turbines are yet to come because the lines that are supposed to supply gas to it is yet to be flushed.

all these they are selling products na propaganda.
they're only selling the products they imported, they have not refined any drop of crude in dat refinery. Indians dealt with him their.

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Judolisco(m): 7:31am On May 18
rantingpigs:
Chai....

See as Tilumbu supporters just exposed their ignorance. How can you be celebrating Dangote exporting products when you can't buy locally.

Truly all these Agbado supporters are dumb

Reality3080... come and share this my post... grin
it's because u can't buy what u don't have.... Nigerian Crude oil has been used to take loans

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Paraman: 7:33am On May 18
Believeintruth:


Cool down with this spread of propaganda, the same Europe where the demand has gone low because of EV vehicles is the same one that Dangote want to flood with straight run gasoline of low sulphur grade!! Guy try to articulate your propaganda so that your stories can add up very well.
I don't expect a sane adult to write this kind of comment
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Believeintruth: 7:34am On May 18
Angelfrost:
Okay... Let me get this straight...

Dangote is refining crude oil in Nigeria but selling it outside Naija.

Does it mean Nigerian markets don't need his products or are saturated??!

Can it be true that Nigeria is still importing refined fuel while a refinery here is exporting??!

He is buying crude outside in huge volumes... Does it mean his country's crude is not sufficient for him?!! Or we are already sold out to other refineries abroad??!

A lot is yet to begin to make sense in this country under APC.

You are one of the few people who think in this forum. The post is just articulated lies and propaganda. Straight run gasoline that is the first stage product from a refinery column that would produce PMS via catalytic cracking. The question is why is Dangote exporting straight run gasoline when his refinery has a catalytic cracking column? Doesn't make sense at all, unless the same people in Europe will further process it and still export the PMS back to Nigeria.
Even at that the demand for premium gasoline in Europe is declining because of increased preference for low fuel consumption engines, EV and hybrid variants, so where is the supposed demand for straight run gasoline in Europe? These guys think they can fool Nigerians.

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Believeintruth: 7:37am On May 18
Paraman:
I don't expect a sane adult to write this kind of comment

Prove me wrong and stop throwing insults. It is very clear that what you posted is just a carefully crafted propaganda. Some of us are graduates of Chemical and Petroleum engineering so we know the basics of refining technology. Straight run gasoline is the first stage products that is fed into the catalytic cracker to produce PMS, so why is dangote exporting this pre-stage product when there is a high demand for cheap PMS in Nigeria? Next, why export to Europe where refineries are scaling down due to low demand and consumer preference for low fuel consumption vehicles, EVs and Hybrid variants?

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Paraman: 7:46am On May 18
Believeintruth:


Prove me wrong and stop throwing insults. It is very clear that what you posted is just a carefully crafted propaganda. Some of us are graduates of Chemical and Petroleum engineering so we know the basics of refining technology. Straight run gasoline is the first stage products that is fed into the catalytic cracker to produce PMS, so why is dangote exporting this pre-stage product when there is a high demand for cheap PMS in Nigeria? Next, why export to Europe where refineries are scaling down due to low demand and consumer preference for low fuel consumption vehicles, EVs and Hybrid variants?
k
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Eriokanmi: 7:48am On May 18
udomonday:
Dangote should also acquire a prospecting liscence and drill his own crude oil.I just wonder why the country has not compelled the oil companies to build their own refineries even if small once,
This makes sense. But his efforts will be sabotaged if he goes to the Niger delta region. He can stay either in the lagos, ondo or ogun oil fields, these are the only parts of Nigeria where you can run your show and nobody will thwart your efforts. The one in gombe boundaries will witness banditry oppressionso, he shouldn't try it.
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by NASTYNASOSO: 7:50am On May 18
rantingpigs:
Chai....

See as Tilumbu supporters just exposed their ignorance. How can you be celebrating Dangote exporting products when you can't buy locally.

Truly all these Agbado supporters are dumb

Reality3080... come and share this my post... grin


HMMMMM


HOW MUCH DID YOUR FAMILY AND CLAN CONTRIBUTE TO DANGOTE TO BUILD THE REFINERY.
YOU HAVE NO RIGHT TO TELL HIM WHOM TO SELL HIS PRODUCTS TO

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by strangest(m): 7:56am On May 18
Paraman:
Some set of people will be sad

Are you not ashamed your government can't own a single working refinery
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Fujiyama: 8:05am On May 18
Paraman:
k

^^
cheesy

Say something na

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Fujiyama: 8:09am On May 18
Paraman:
The plant, currently running at about half capacity, is taking advantage of cheaper US oil imports for as much as a third of its feedstock.

^^^
cheesy

Cheaper US oil imports?

Cheaper than what?
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Kelvin30286063(m): 8:18am On May 18
We finally have one major exportation source. This should help the exchange rate
Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by Reality3080: 8:24am On May 18
NASTYNASOSO:



HMMMMM


HOW MUCH DID YOUR FAMILY AND CLAN CONTRIBUTE TO DANGOTE TO BUILD THE REFINERY.
YOU HAVE NO RIGHT TO TELL HIM WHOM TO SELL HIS PRODUCTS TO
just don’t mind all those idiots

Since they lost election they just want to complain about everything

1 Like

Re: Dangote’s Refined Product Hits European Market, Secures Crude Oil From U.S by numericalguy(m): 8:34am On May 18
Paraman:
Some set of people will be sad


IP0B/OBIDIENTS in sifia pains

(1) (2) (3) (Reply)

Elections Postponement And Its Economic Implications / Fire Outbreak At CBN Office In Gombe / 5 Financial Mistakes New Business Owners Should Avoid

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.