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Petrol From Dangote Refinery To Come On Stream This Week - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsPetrol From Dangote Refinery To Come On Stream This Week (7765 Views)

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Petrol From Dangote Refinery To Come On Stream This Week by Paraman(op): 7:59am On Sep 03, 2024
The long-awaited petrol from Dangote Refinery is expected to come on stream this week, a development that is a major milestone in Nigeria’s energy sector.

According to two people who know the matter, Dangote facility near the commercial hub of Lagos is on the verge of producing large amounts of petrol expected to hit market this week.


The sources told Bloomberg that the key to the plant’s petrol output is a unit called a reformer, which produces blend stock for the road fuel.

“That’s started operating, with gasoline production expected to begin by the end of the week,” one of the people said. Another source said petrol would be rolled out this week.

Dangote’s production will impact billions of dollars of trade in fuel markets regionally and beyond. Nigeria is a global demand sink for the fuel, receiving almost 250,000 barrels a day in shipments last year, mostly from Europe, according to data from analytics firm Vortexa Ltd.


“We are testing the product (petrol) and subsequently it will start flowing into the product tanks,” Devakumar Edwin, a vice president at Dangote Industries Limited told Reuters.

He did not say exactly when the gasoline would hit the local market.

Edwin said state oil firm Nigerian National Petroleum Company (NNPC) Ltd, Nigeria’s sole importer of gasoline, would buy its gasoline exclusively.

“If no one is buying it, we will export it as we have been exporting our aviation jet fuel and diesel,” Edwin said.
https://businessday.ng/news/article/petrol-from-dangote-refinery-to-come-on-stream-this-week/?utm_source=telegram&utm_medium=social

Re: Petrol From Dangote Refinery To Come On Stream This Week by washmibili:
How much is the price ? That's the koko
Re: Petrol From Dangote Refinery To Come On Stream This Week by Salewa97: 8:03am On Sep 03, 2024
Good news.

Another source of fuel for the Nigeria market which should further crash the price of fuel in Nigeria.

The more the merrier
Re: Petrol From Dangote Refinery To Come On Stream This Week by lazkizz: 8:12am On Sep 03, 2024
Nigeria revolution go worst pass Libya 🇱🇾 own.
Like 25 warlords will be controlling different parts of the country.

Many will lost their life . The British will try to re amalgamate the broken country but it won't work.

After some years each part will experience rapid growth and development, because they now control their resources.
Re: Petrol From Dangote Refinery To Come On Stream This Week by NewHe: 8:19am On Sep 03, 2024
Thank you Jesus
Re: Petrol From Dangote Refinery To Come On Stream This Week by EnglishUsa: 8:21am On Sep 03, 2024
Things that will never stop occuring in Nigeria
(1) fuel scarcity
(2) hold up in Lagos
(3) corruption
(4) high dollar rate
(5) epileptic power supply
(6) voting the wrong people in power

If you like give them water in the place of fuel, they will still mismanage it
Re: Petrol From Dangote Refinery To Come On Stream This Week by Realdeals(m): 8:21am On Sep 03, 2024
A crash in price won't come in the immediate.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Softmirror: 8:21am On Sep 03, 2024
grin
Re: Petrol From Dangote Refinery To Come On Stream This Week by Naz34(m): 8:22am On Sep 03, 2024
Nnpc no want make we get this fuel cheap sha.
Re: Petrol From Dangote Refinery To Come On Stream This Week by olaiya2007(m): 8:23am On Sep 03, 2024
Ok
Re: Petrol From Dangote Refinery To Come On Stream This Week by Solofresh2: 8:23am On Sep 03, 2024
Enough of the Dangote bullsh*t
Re: Petrol From Dangote Refinery To Come On Stream This Week by nwirinedu(m): 8:24am On Sep 03, 2024
Yes, he wanted PMS to sell at N1500 per litre, it is happening. Monopolies are the causes of inflation and price hikes, not the masses.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Olachase(m): 8:25am On Sep 03, 2024
NewHe:
Thank you Jesus
you be mumu wetin concern Jesus with petrol

at the same time wetin concern God if you make it in life or not undecided undecided
Re: Petrol From Dangote Refinery To Come On Stream This Week by comp88: 8:25am On Sep 03, 2024
They should get it right this time around .before we go hear say fire 🔥 done burst for loading bay. Hence the reason for suspension of supply.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Asquare84(m): 8:27am On Sep 03, 2024
i am very happy for this news
Re: Petrol From Dangote Refinery To Come On Stream This Week by ayolayo0405(m): 8:28am On Sep 03, 2024
The FG knows what they are doing, they are waiting for Dangote fuel and that is the main reason they couldn't import fuel hence the shortage of fuel in the country plus the hike
Re: Petrol From Dangote Refinery To Come On Stream This Week by OkCornel(m): 8:28am On Sep 03, 2024
Good news
Re: Petrol From Dangote Refinery To Come On Stream This Week by Christlike01: 8:31am On Sep 03, 2024

“If no one is buying it, we will export it as we have been exporting our aviation jet fuel and diesel,” Edwin said
.

That's a big red flag up there; Dangote's PMS is not going to be as cheap as Nigerians expect!
Re: Petrol From Dangote Refinery To Come On Stream This Week by MichaelSokoto(m): 8:32am On Sep 03, 2024
as usual, dem don shift am again...

4rm "Dangote has started producing fuel today" to, "to come on stream dis week"
From dis week ee go shift enter next week & then to December!

dey can prove me wrong oo! but then u gotta give it to d urchintolas, never seen such high zombie-ic characters!

dey keep hoping on failures.

Even dat orobo on TVC's journalist hangout, bok abi na obk, dat one has threatened fire & brimstone taya dat emilokan shld dare not increase fuel above #600...

Go check out d werey now... he suddenly went deaf & dumb as fuel has since risen!

cool

Re: Petrol From Dangote Refinery To Come On Stream This Week by Parable007: 8:35am On Sep 03, 2024
The hope of most Nigerians is that Dangote's Local refinery will crash the price of fuel but I'm scared of the Dangote's refinery will achieve this to the expectations of Nigerians why?
Currently the real price of fuel is about 1200 per liter. If Dangote refinery crashes that prices by N500 which is fair to him the price of fuel will be like N700 per liter. What will determine a relieving price is if nnpc continues to pay the current subsidy (sorry shortfall) then fuel will be cheap.

But it they don't and fuel is still sold at high price then the next protest will be what will lead to the death of many Nigerians because they will protest hard but this govt will kill many of them.
Nigeria has shifted from democracy to authoritarian govt the day they chose APC. Nobody in power now cares about you. Left for them they will still increase the price. The minister of petroleum has already made that statement.
Re: Petrol From Dangote Refinery To Come On Stream This Week by casualobserver: 8:37am On Sep 03, 2024
Salewa97:
Good news.

Another source of fuel for the Nigeria market which should further crash the price of fuel in Nigeria.

The more the merrier
No price crash anywhere. You should be praying the inevitable price increase won’t be unbearable.

You heard what the man said “if they don’t buy it we will export it”
Re: Petrol From Dangote Refinery To Come On Stream This Week by ClassicMan202(m): 8:37am On Sep 03, 2024
lazkizz:
Nigeria revolution go worst pass Libya 🇱🇾 own.
Like 25 warlords will be controlling different parts of the country.

Many will lost their life . The British will try to re amalgamate the broken country but it won't work.

After some years each part will experience rapid growth and development, because they now control their resources.
Exactly


I am sorry to say, but only a serious revolution will salvage our situation.
Re: Petrol From Dangote Refinery To Come On Stream This Week by gare(f): 8:46am On Sep 03, 2024
Paraman:
https://businessday.ng/news/article/petrol-from-dangote-refinery-to-come-on-stream-this-week/?utm_source=telegram&utm_medium=social
Please they should roll it out before the fuel in my tank finish, i know get 1k to buy per liter, now on the last line to reserve .
Re: Petrol From Dangote Refinery To Come On Stream This Week by Paraman(op): 8:47am On Sep 03, 2024
gare:
Please they should roll it out before the fuel in my tank finish, i know get 1k to buy per liter, now on the last line to reserve .
Dangote petrol won't be cheap
Re: Petrol From Dangote Refinery To Come On Stream This Week by Boyooosa(m):
Nawa
“If no one is buying it, we will export it as we have been exporting our aviation jet fuel and diesel,” Edwin said.

Hmmmm....price will determine that tho but it will be bad if this will not serve the hope Nigeria had in this venture

Asquare84:
i am very happy for this news
OkCornel:
Good news
May be you guys did not read the part up there huh
Re: Petrol From Dangote Refinery To Come On Stream This Week by Teenaira: 8:50am On Sep 03, 2024
lazkizz:
Nigeria revolution go worst pass Libya 🇱🇾 own.
Like 25 warlords will be controlling different parts of the country.

Many will lost their life . The British will try to re amalgamate the broken country but it won't work.

After some years each part will experience rapid growth and development, because they now control their resources.
If you like break Nigeria to 1 million units with each controlling resources in its area which are by the way natural resources without any value added. Once you don't have a mechanism to punish wrong behaviors and reward good practices, it is still going to be the same big problem shared into 1 million places = 1 million problems.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Gbogbowa: 8:56am On Sep 03, 2024
Parable007:
The hope of most Nigerians is that Dangote's Local refinery will crash the price of fuel but I'm scared of the Dangote's refinery will achieve this to the expectations of Nigerians why?
Currently the real price of fuel is about 1200 per liter. If Dangote refinery crashes that prices by N500 which is fair to him the price of fuel will be like N700 per liter. What will determine a relieving price is if nnpc continues to pay the current subsidy (sorry shortfall) then fuel will be cheap.

But it they don't and fuel is still sold at high price then the next protest will be what will lead to the death of many Nigerians because they will protest hard but this govt will kill many of them.
Nigeria has shifted from democracy to authoritarian govt the day they chose APC. Nobody in power now cares about you. Left for them they will still increase the price. The minister of petroleum has already made that statement.
the truth is that Dangote want to crash the price of fuel but they are using NNPCL to frustrate him,our company and many Nigeria registered as a distributor of Dangote fuel but now NNPCL has push everybody away so that they can monopolies the fuel while Njgeria suffers. The moment Dangote begin profuction they will tell you that PH refinery has also started. The aim is to keep secret the lies call subsidy and to denial us the knowledge of the actual numbers of litres used daily because they have be lying with the figure and collecting Subsidies for it.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Parable007: 8:57am On Sep 03, 2024
.
Re: Petrol From Dangote Refinery To Come On Stream This Week by Newsmills: 8:57am On Sep 03, 2024
Whether Mr Dangote's fuel will hit or storm or whatever verb you want to subscribe to South-South artisanal refiners should be allowed,resource control is paramount,enough is enough.My prayer is let nigeria ......,,,,,,,,,,,,,,,,,,,,,to favour of resource control and God in his wisdom disgrace insider collaborators to defraud the region for selfish gains,out of over 150 private jets in the country how many belong to people of the region.
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