₦airaland Forum

The federal government were in shock as dangote refinery which they so much hope on announce that they will only refine aviation fuel kerosene and diesel. And Not only that he plans to sell in the same imported price.

The federal government have made it clear that dangote will not refine Nigerian crude if he continue to sell as imported or more than imported price.

Imagine Nigeria importing crude oil

That said, I am delighted our crude oil market will finally face competition at home, as it will drive efficiency and profit.

https://punchng.com/dangote-refinery-to-import-crude-from-us-report/

Dangote is a fraud, his license needs to be withdrawn.

Person wey no fit reduce the price of cement shi OOO!
The power of the West.
The deep state allowed him to build that refinery on some conditions which only God knows.

NIGERIANS you are on your own oooooo

This shows that fuel prices can never come down again in Nigeria.

Person wey no fit reduce the price of cement they .

Bullfallo:
The federal government were in shock as dangote refinery they so much hope on announce that he will only refine aviation fuel kerosene and diesel. Not only that he plans to sell in the same imported price.

The federal government have made it clear that dangote will not refine Nigerian crude if he continue to see as or more than imported price.

Dangote will also get crude oil from the NNPCL in february.

So what's the point of the refinery we've been waiting for all these years??

The petrol price will crashed like telecommunication when dangote refinery come online. All the tinubu crew have all disappeared or change tune.

Petrol is no more crashing again? Before the end of first quarter petrol price will be adjusted and before 4th quarter it would be more than 1200 per liters

Paraman:
Dangote will also get crude oil from the NNPCL in february.

de play

Bullfallo:
de play

NNPCL will supply four crude cargoes from its February programme to the $20 billion Dangote refinery

https://www.reuters.com/markets/commodities/nigerias-nnpc-allocates-four-february-crude-oil-cargoes-dangote-2024-01-09/

Paraman:
NNPCL will supply four crude cargoes from its February programme to the $20 billion Dangote refinery

https://www.reuters.com/markets/commodities/nigerias-nnpc-allocates-four-february-crude-oil-cargoes-dangote-2024-01-09/

that report was before the refinery started refining product. Check the date

Nigeria does not have crude oil to sell to Dangote.

Our crude at 1.3mbpd has been encumbered by various agreements the government entered with our several creditors and joint venture partners.

Asiwaju just 2 weeks ago secured a 3 billion dollars loan from the Afrexim banks securitized with our crude oil.

Furthermore, it's said that the American crude oil grade is even cheaper than Nigeria's.

Also, to ensure the refinery runs non-stop, he had to secure oil from more reliable sources since Nigeria's production is at the vagaries of Niger delta militants and pipeline vandals.

Dangote will get 4 million barrels of crude from NNPCL next month

Bullfallo:
that report was before the refinery started refining product. Check the date

Dangote will get 4 million litres of crude in february 2024 from the NNPCL.

The report was written in January 2024, Dangote will get 4 million barrels of crude in february 2024... Kindly explain what's wrong with the report cause I dont get your point gan sef.

Bullfallo:
The federal government were in shock as dangote refinery which they so much hope on announce that they will only refine aviation fuel kerosene and diesel. And Not only that he plans to sell in the same imported price.

The federal government have made it clear that dangote will not refine Nigerian crude if he continue to sell as imported or more than imported price.

He never said he won't buy crude from Nigeria.

Paraman:
NNPCL will supply four crude cargoes from its February programme to the $20 billion Dangote refinery

https://www.reuters.com/markets/commodities/nigerias-nnpc-allocates-four-february-crude-oil-cargoes-dangote-2024-01-09/

Those guys are always pushing fake news without any evidence except what they hear from their whassap groups.

budaatum:
Imagine Nigeria importing crude oil

That said, I am delighted our crude oil market will finally face competition at home, as it will drive efficiency and profit.

https://punchng.com/dangote-refinery-to-import-crude-from-us-report/

Of course. Even Canada imports crude oil from the US. Canada has the 3rd largest oil reserves in the world.

Bullfallo:
The federal government were in shock as dangote refinery which they so much hope on announce that they will only refine aviation fuel kerosene and diesel. And Not only that he plans to sell in the same imported price.

The federal government have made it clear that dangote will not refine Nigerian crude if he continue to sell as imported or more than imported price.

You are lying 🤥. Your post is all bull crap.

matify83:
Nigeria does not have crude oil to sell to Dangote.

Our crude at 1.3mbpd has been encumbered by various agreements the government entered with our several creditors and joint venture partners.

Asiwaju just 2 weeks ago secured a 3 billion dollars loan from the Afrexim banks securitized with our crude oil.

Furthermore, it's said that the American crude oil grade is even cheaper than Nigeria's.

Also, to ensure the refinery runs non-stop, he had to secure oil from more reliable sources since Nigeria's production is at the vagaries of Niger delta militants and pipeline vandals.

Further more, the West Texas Intermediate (WTI) is an extremely high quality crude oil which is greatly valued for the fact that it is of such premium quality, more and better gasoline can be refined from a single barrel than from most other types of oil available on the market. It's all about opportunity cost for most oil traders working for refineries.

opamoses1:
Further more, the West Texas Intermediate (WTI) is an extremely high quality crude oil which is greatly valued for the fact that it is of such premium quality, more and better gasoline can be refined from a single barrel than from most other types of oil available on the market. It's all about opportunity cost for most oil traders working for refineries.

True talk.

Thanks

opamoses1:
Those guys are always pushing fake news without any evidence except what they hear from their whassap groups.

One of them is already giving a stupid eccuse, he prefer to believe the rubbish he is told on their whatsapp group.

They scammed una again! Una good morning

Bullfallo:
The federal government were in shock as dangote refinery which they so much hope on announce that they will only refine aviation fuel kerosene and diesel. And Not only that he plans to sell in the same imported price.

The federal government have made it clear that dangote will not refine Nigerian crude if he continue to sell as imported or more than imported price.

This one na Ogbomoso propaganda news. Dangote no send una.

opamoses1:
Further more, the West Texas Intermediate (WTI) is an extremely high quality crude oil which is greatly valued for the fact that it is of such premium quality, more and better gasoline can be refined from a single barrel than from most other types of oil available on the market. It's all about opportunity cost for most oil traders working for refineries.

And refineries require various blends for the diverse products they produce.

Here's 2021 Saudi Import/export of crude.

opamoses1:
Further more, the West Texas Intermediate (WTI) is an extremely high quality crude oil which is greatly valued for the fact that it is of such premium quality, more and better gasoline can be refined from a single barrel than from most other types of oil available on the market. It's all about opportunity cost for most oil traders working for refineries.

It is also sweet crude...similar to what we have here.