₦airaland Forum

by Bunmi Aduloju


The first petrol shipment exported from the Dangote refinery to the United States (US) has reached the country.

Sources at the refinery told TheCable that the “vessel left the refinery to US about two weeks ago”.

According to MyShipTracking, a vessel tracking site, the shipment aboard the vessel, named Gemini Pearls, arrived in New York on Monday, citing the vessel’s automatic identification system (AIS).

On Tuesday, Reuters first reported that Vitol, international oil trader and Sunoco, North American fuel distributor, took delivery of the first US import of petrol from the refinery.

Reuters said the shipment, carried aboard the tanker Gemini Pearl, was discharged on Monday at Sunoco’s Linden terminal in New York Harbor.

According to the report, Vitol purchased Gemini Pearl’s cargo of about 320,000 barrels of petrol from Mocoh Oil, Switzerland-based company — selling most of it to Sunoco.

However, the publication noted that it was not immediately clear “what volume Vitol sold to Sunoco and how much it will keep”.

Reuters said a second shipment of petrol from the Dangote refinery to the US was sold by Glencore to Shell aboard the vessel ‘MH Daisen,’ which is expected to arrive in the New York Harbor area around September 19.

The publication said a third cargo, purchased by Vitol from Mocoh, is being transported on the vessel ‘Seaexplorer,’ and is scheduled to reach the New York Harbor area around September 22.

dre11:
https://www.thecable.ng/dangote-refinery-exports-first-petrol-cargo-to-us/

iwaeda:
Dangote Refinery Products Inferior To Imported Ones; Nigeria Can't Rely On Them Alone To Avoid Monopoly – Nigerian Agency, NMDPRA

Farouk Ahmed, the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned Nigerians against over-dependence on products from the Dangote refinery.

Ahmed highlighted concerns over the consistency and standardisation of the refinery's output, stating that the quality of its products was inferior compared to the imported quality products.

He addressed concerns about the nationwide supply of petroleum products and denied claims by some media outlets that they were trying to scuttle the Dangote Refinery.

He said Dangote Refinery was still in the pre-commissioning stage and had not been licensed yet. "We haven't been licensed yet," he added.

"I think we have about 45% completion. We cannot rely heavily on one refinery to feed the nation because Dangote is requesting that we suspend or stop imports, especially of AGO and DPK, and direct all marketers to his refinery.

"That is not good for the nation in terms of energy security, and it is not good for the market because of the monopoly.

Ahmed said that in terms of quality, Dangote's current AGO suffers from the lowest quality in terms of sulfur content, falling short of West Africa's requirement of 50 PPM.

"Dangote Refinery, along with other major refineries, produces between six hundred and fifty to one thousand two hundred parts per million (PPM). Therefore, in terms of quality, their products are inferior to imported ones," he said.

https://saharareporters.com/2024/07/18/dangote-refinery-products-inferior-imported-ones-nigeria-cant-rely-them-alone-avoid

Spiritmask:
Congrats to Dangote. Naira should gain oooo.
I hope before end of this year, it should be less than #1400 to $1

Apogee14:
Hmmmmm dollars done enter naija economy. Expect dollars to tank and naira to gsin

Apogee14:
Hmmmmm dollars done enter naija economy. Expect dollars to tank and naira to gsin

FineUsername:
You all know the United States would never allow substandard PMS into their country. We have to commend Dangote; this might just be the biggest refined product Nigeria will be exporting. Correct me if I’m wrong.

That said, when will NNPCL begin exporting to our neighbors in Benin Republic?

Aaaaaaaaaaaaatasha!

ednut1:
because of 50m usd worth of fuel? Una get sense so. Dangote that stil imports crude

FineUsername:
You all know the United States would never allow substandard PMS into their country. We have to commend Dangote; this might just be the biggest refined product Nigeria will be exporting. Correct me if I’m wrong.

That said, when will NNPCL begin exporting to our neighbors in Benin Republic?

Aaaaaaaaaaaaatasha!

Sabadon:
This goes to show you the level of politics in this oil sector, imagine what a single individual could achieve under few years. High time we start holding our leaders accountable

professorPABX:
NUPENG will never allow that to happen . NUPENG members have to determine if NNPC is qualified to export petrol

ednut1:
because of 50m usd worth of fuel? Una get sense so. Dangote that stil imports crude

dre11:
https://www.thecable.ng/dangote-refinery-exports-first-petrol-cargo-to-us/

Is this not the same fuel that Tinubu administration called inferior just to discredit the refinery that was licensed by PDP as part of the aborted 2012 deregulation policies?

The world is changing in our very eyes. The past leaders believe it's not possible for us to export refined oil to US and then Tinubu provided the free trade zone which Dangote acquired part of it for his refinery and Buhari"s administration somehow gave license to individual to refine petrol. APC hasn't been a saint but it's still better than PDP by miles.

Birminghamvirgo:
Congratulations, Mr. Dangote. Let NUPENG Union continue their shenanigans

aybabz101:
Long overdue.

At least he tried where multiple government has failed.

Kudos to him.

The biggest enemy to Nigerians is the Nigerian government (both previous and current).

How man go get wife and an outsider go dey bang am. After the outsider is done, the man go come pay the outsider to bang his own wife. this is the short story of Nigeria. Hopefully, things will change...