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Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsDangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud (10882 Views)

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Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by TylerDurden(op): 5:31pm On Jun 17, 2018
QuotaSystem:
Do you know what a shortfall means? If you did you wouldn't be asking me such a silly question. A smaller amount of the crude oil will be sourced from Lagos (which is what I meant by locally sourced) while the bulk of the crude oil supply will be sourced from other countries, which is exactly how the refinery was designed to operate.

P.S It makes a lot of sense to stop importation of refined fuel (by Gov't thereby losing forex) and instead let a private individual import with his own funds and then export the finished product (thereby gaining forex and boosting the Naira).

Some of these things might be too complex for a bomber or militant to assimilate so I understand.
You an irredeemable liar and a m0ron at the same time.

Lagos oil field is so negligible to Nigeria's total production as the only existing oil field produces just 3,500 bpd!

That will be 0.5% of Dangote refinery's total capacity!

Go and dig up another lie!
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by TheKabal: 5:32pm On Jun 17, 2018
TylerDurden:
Operation Araba is complete.

The North can have their slaves in the SW. Both Master and Slave won't be missed!
The SouthEast will be great grin
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by KAHBOOM:
TylerDurden:
Operation Araba is complete.

The North can have their slaves in the SW. Both Master and Slave won't be missed!
The south western kafir knows the truth but his so ashamed to admit it.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by dadavivo: 5:38pm On Jun 17, 2018
We all knew all along that Lagos oil is fake
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by QuotaSystem: 5:38pm On Jun 17, 2018
debaj10:
bros,
dangote laid his plans years ago.
he has to finish it.
but just last year, 2-4 nations have projected an end to fossil fuel engines between 2025-2050.
how many forward thinkers saw that coming?
4 Nations? Lol.

Now tell me, are there more rich developed nations with capacity for alternative energy sources than poor technologically backward countries or the other way round?

Bros, 100 years from now, many countries will still depend on fossil fuels, that is the reality.

Dangote is no fool not to do a long term feasibility study before sinking billions of $ (and neither are his lenders), if he was he wouldn't have such a string of successful business ventures of continental proportions.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by QuotaSystem:
TylerDurden:
[s]You an irredeemable liar and a m0ron at the same time.

Lagos oil field is so negligible to Nigeria's total production as the only existing oil field produces just 3,500 bpd!

That will be 0.5% of Dangote refinery's total capacity!

Go and dig up another lie![/s]
According to Mr. Devakumar Edwin, Group Executive Director, Strategy, Portfolio Development and Capital Projects - DANGOTE REFINERY & PETROCHEMICAL PLANT:
So, we decided to expand the capability of the refinery to handle oil from different sources.

Today, the Dangote Refinery can process a wide range of crudes, such as all the African crudes including that of Algeria, Libya, Angola, Gabon, Equatorial Guinea, etc., the U.S. crudes, Arab Light, etc.


Since we are not dependent on Nigerian crude, we are not prone to the risk of the Niger Delta disturbance. We do not use pipelines; rather, we use ships.

We use Single Point Mooring Buoys (SPMs) for offloading the crude and loading the products," he said.


SOURCE: http://allafrica.com/stories/201801070087.html

- These are the words of an Indian professional, not any "Afonja" or "Aboki".
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Blue3k(m): 5:58pm On Jun 17, 2018
You're wasting your time with irrational people. Hes mad Dangote didn't want to invest in his state. Now they run around making conspiracy theories. They wont be getting ND oil but not through pipelines since they might blow it up an any time. They also have option to source it from other countries.

Lagos hasn't produced oil yet thats why they havent received 13% derivation. I check NBS and havebt seen a single payment since i checked in 2017.

QuotaSystem:
According to Mr. Devakumar Edwin, Group Executive Director, Strategy, Portfolio Development and Capital Projects - DANGOTE REFINERY & PETROCHEMICAL PLANT:

Edwin said before the commencement of construction of the project a lot of risk analyses was conducted.

"The original thought was that we had everything we needed in Nigeria, i.e. the crude oil. When we started analysis, we realised that it was highly risky to place all our eggs in one basket, by relying only on Nigerian crude.

So, we decided to expand the capability of the refinery to handle oil from different sources. Today, the Dangote Refinery can process a wide range of crudes, such as all the African crudes including that of Algeria, Libya, Angola, Gabon, Equatorial Guinea, etc., the U.S. crudes, Arab Light, etc.


Since we are not dependent on Nigerian crude, we are not prone to the risk of the Niger Delta disturbance. We do not use pipelines; rather, we use ships.

We use Single Point Mooring Buoys (SPMs) for offloading the crude and loading the products," he said.


SOURCE: http://allafrica.com/stories/201801070087.html

- These are the words of an Indian professional, not any Afonja or Aboki.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by QuotaSystem: 6:01pm On Jun 17, 2018
TylerDurden:
[s][/s]

Idiot! Go and source crude from your desolate region.

If there wasn't crude in ND, Dangote may probably be selling gworo in Kano.


So STFU and for once be grateful to the region that feeds your lazy parasitic ass
Trading that same humble kolanut and groundnuts across African countries is where Aminu Dantata (Dangote's uncle and benefactor) got the N500,000 which he gave Dangote to start with as capital.

That same gworo money was the seed that made him into the worlds richest black man today, with the capacity to build a multibillion dollar refinery that your lazy asses cannot build and instead are dreaming of destroying.

You should be ashamed that an Aboki from Kano without a drop of oil is able to build an oil refinery and even pass a pipeline under your waters, yet all you can do is drink shekpe and shout BOMB!
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by QuotaSystem: 6:05pm On Jun 17, 2018
Blue3k post=68573772[b:
]You're wasting your time with irrational people. Hes mad Dangote didn't want to invest with home do run around making conspiracy theory.[/b] They will be getting ND oil but not through pipelines since they might blow it up an any time. They also have option to source it from other countries.

Lagos hasn't produced oil yet thats why they havent received 13% derivation. I check NBS and havebt seen a single payment since i checked in 2017.
Lol I know its plain petty bitterness and jealousy that Dangote has refused to invest in their militant region.

Its a quiet Sunday evening with less to do hence I'm shooting iPigs and their likes for sport wink
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by kayfra: 6:14pm On Jun 17, 2018
TylerDurden:
Dangote is building the world's largest refinery in Lagos. Lagos was chosen by Dangote after it was revealed that crude oil deposits had been discovered in Lagos. Why then is Dangote constructing a deep-sea pipeline that will link crude and LNG from the ND to his refinery in Lagos?
The honest truth is that Lagos has no crude oil. The only reason they gave Lagos that fake status is so that Dangote can site his refinery there will sourcing crude from the ND.

Even operation Crocodile Smile which saw parts of Lagos and Ogun being bombed was part of paving the way for Dangote's pipeline. But the useless Afonjas cheered the Hausa-Fulani bombardment of their communities and peoples.

The only reason Dangote is building a refinery in Lagos is because he hopes to build another pipeline linking Lagos to as far away as Cote'dvoire and he is hoping on getting subsidies from the FG in lifting crude from the Niger Delta.

The Deep-sea pipeline project is to boycott the troubled areas of Warri in Delta, Ondo and Ogun states that have seen pipeline vandalization in the past.

By opting for a deep sea pipeline, Dangote is hoping to secure crude supply to his refinery for onward shipment across west Africa.

Also, in the event of Nigeria's balkanization, Dangote hopes to secure his refinery as he knows the North will not relinquish the SW.

This is Operation Araba part 2!
That's the folly in your write up. Who told you Lagos was chosen because they have oil? Stupid assumption
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by aribisala0(m): 6:15pm On Jun 17, 2018
The biggest refinery in the world is in Inda . Not known for crude oil

Dangote does not need Nigerian crude oil for his refinery.

Crude oil is acommodity with an internationa price. He can buy oil from ANYWHERE

IF he uses Niger Delta oil. He will PAY FOR IT.

The Niger Delta oil when it comes out of the ground is under the control of the producers like SHELL MOBIL CHEVRON etc who own the oil jointly with the Nigerian State.

These companies are businesses just like Dangote and they will not give away their oil for less than market value

Lagos was chosen because it is coastal . That means he can import crude oil and export products easily. I personally believe there are many factors why he chose Lagos and interesttingly

HE LIVES IN LAGOS
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by ednut1(m): 6:17pm On Jun 17, 2018
Be there screaming our oil o. Mumu. D guy chose lagos cos of security. Oil is sold to in the international market, dangote would get oil from ND as long as d d money to purchase is there lol. Bitter SS ogogoro madman
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by aribisala0(m):
ednut1:
Be there screaming our oil o. Mumu.
The person screaming our oil is an Ebola from the Yeast
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by ednut1(m):
aribisala0:
The person scraming our oil is an Ebola from the Yeast
even offshore oil dem go dey scream. When d likes of adenuga, indimi, alakija, afolabi dey waste money exploring we no see dem o. Dey still gv dem 13% derivation, settle their chiefs and pple monthly, yet dey have nothing to show except ojojoro. Instead of them to hold ibori, odili,uduagan responsible dem go dey blame Ab0ki. I was on d fpso below this year. They sell mostly to some lebanese guys, make op go stop dem selling to dangote na
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by ImperialYoruba: 6:26pm On Jun 17, 2018
TylerDurden:
You an irredeemable liar and a m0ron at the same time.

Lagos oil field is so negligible to Nigeria's total production as the only existing oil field produces just 3,500 bpd!

That will be 0.5% of Dangote refinery's total capacity!

Go and dig up another lie!
Do you gnats know how much Lagos ports contribute to Nigerian economy?

Before its declaration as an oil producing state it was already beating you as the top IGR state in Nigeria.

We have hoodwinked you! Oil producing state is different from oil mining state. Even if ee do not have oil wells we do produce oil from the refinery and qualify as an oil producing state.

Beside, Folawiyo has OML in Lagos, which is different from OPL.....and Folawiyo is independent of Dangote.

You punks talk shyyte all day but zero facts.


Hey Mods, come and rescue me before I have to show my disgust for these freaks and get a ban. angry
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by mu2sa2: 6:26pm On Jun 17, 2018
QuotaSystem:
Do you know what a shortfall means? If you did you wouldn't be asking me such a silly question. A smaller amount of the crude oil will be sourced from Lagos (which is what I meant by locally sourced) while the bulk of the crude oil supply will be sourced from other countries, which is exactly how the refinery was designed to operate.

P.S It makes a lot of sense to stop importation of refined fuel (by Gov't thereby losing forex) and instead let a private individual import with his own funds and then export the finished product (thereby gaining forex and boosting the Naira).

Some of these things might be too complex for a bomber or militant to assimilate so I understand.
I don't know why you keep wasting so much precious time arguing with the guy having correctly figured that "these things might be too complex for a bomber or militant to...understand."
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Westbestside: 6:47pm On Jun 17, 2018
ednut1:
Be there screaming our oil o. Mumu. D guy chose lagos cos of security. Oil is sold to in the international market, dangote would get oil from ND as long as d d money to purchase is there lol. Bitter SS ogogoro madman
He is not from SS, he's from SE. SS people don't wail.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by CSTR1003: 7:44pm On Jun 17, 2018
Westbestside:
He is not from SS, he's from SE. SS people don't wail.
Asari dokubo, Ankio Briggs, MEND, and avengers are not from the Niger delta, abi?

Even saro wiwa is not from the Niger delta.


Don't worry, the guy is coming back to pummel your coneheaded Yoruba cerebellum into submission.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by ImperialYoruba: 8:05pm On Jun 17, 2018
aribisala0:
The biggest refinery in the world is in Inda . Not known for crude oil

Dangote does not need Nigerian crude oil for his refinery.

Crude oil is acommodity with an internationa price. He can buy oil from ANYWHERE

IF he uses Niger Delta oil. He will PAY FOR IT.

The Niger Delta oil when it comes out of the ground is under the control of the producers like SHELL MOBIL CHEVRON etc who own the oil jointly with the Nigerian State.

These companies are businesses just like Dangote and they will not give away their oil for less than market value

Lagos was chosen because it is coastal . That means he can import crude oil and export products easily. I personally believe there are many factors why he chose Lagos and interesttingly

HE LIVES IN LAGOS
Dangote has deep appreciation for Yoruba. In one story he told of how his grandfather, the Dantata dynasty head, had nothing to start with but was brought into kolanut trade by Yorubas that trade across the West African belt. Dantata rose into prosperity in the North and the legacy is what is Dangote today. He believes in the divine blessings in Yorubaland. His belief is so strong that even in North he is viewed as a sellout. Dangote attends Yoruba social events whether in mosque or church. He acknowledges the benevolence of Yorubaland to the legacy of wealth in his family hold today.
If he is not with Ooni, he is with Alaafin, he goes to pay homage to Awujale and stops over to felicitate with Alake. He leaves there and visit for dinner with Deji. When in Lagos you find him in Eleko's palace or attending social events with Ambode. He is at Polo club, he is at marina on the yatch, he is at Island club......

He is a thorough businessman and I believe all businessmen protect their empire against risks. If SS and SE were not risky places I see no reason why Dangote should not be seen with Dick Clark or Nwabueze launching projects and fraternizing at social events.

The imperative is on SS and SE to make their regions business friendly so investment money can pour in.

Dangote is not the only Northerner that respect the Yoruba culture, Isiaku Rabiu is another one. In fact he just died few days ago. He has investments in Apapa that dates back many decades. He is not literate and so avoids the Lagos social circle but he was a close buddy with Oyekan before the Oba died.


There is ample example for Ibo to follow but they refuse to open up their region. Even if the political class in Nigeria say we are ready for a Ibo president, dont you know the corporate class can oppose it and kill the idea?

These guys should wake up!
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by modik(m): 8:13pm On Jun 17, 2018
TylerDurden:
Exactly!

This is where the fraud begins.

By first claiming Lagos to be Oil producing state without any single evidence to that, Dangote could site his refinery while stealing crude from far away from ND.

He also hopes to use Lagos as a trans-shipment hub for Niger Delta LNG by connecting a pipeline in future that will go all the way to Senegal!

That is the man's plan and they are using fake Lagos crude oil to justify this.
If Lagos is producing crude, why won't they produce Gas?

Lol
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Nobody: 9:01pm On Jun 17, 2018
OP u don't need to bother ursef much
we know the truth...
This is my field of learning....
Nigeria is full of deceit.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Westbestside: 9:02pm On Jun 17, 2018
CSTR1003:
Asari dokubo, Ankio Briggs, MEND, and avengers are not from the Niger delta, abi?

Even saro wiwa is not from the Niger delta.


Don't worry, the guy is coming back to pummel your coneheaded Yoruba cerebellum into submission.
Oga, carry your attachee syndrome elsewhere. Don't disturb my mention.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by NASTYNASOSO:
[quote author=TylerDurden post=68571057][s][/s]

Stop posting trash!

Dangote is building a 650,000 bpd refinery and you think he won't want to secure crude supplies?

When did Dangote even get a licence to build a power plant?

You can only deceive yourselves.


HMMMMMMM

YOU TALK AS IF GETTING A POWER PLANTS LICENCE IS ROCKET SCIENCE, FOR YOUR INFORMATION THERE IS A POWER PLANTS THAT WOULD BE OPERATING WITHIN THE PLANT SOON.
YOU DON'T NEED AN ENERGY EXPERT TO ASCERTAIN THIS FACT, ABI YOU THINK NEPA RUNS REFINERIES
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Nobody: 9:09pm On Jun 17, 2018
OP u don't need to bother ursef much
we know the truth...
This is my field of learning....
Nigeria is full of deceit.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by lovat(m): 9:30pm On Jun 17, 2018
Blue3k:
You're wasting your time with irrational people. Hes mad Dangote didn't want to invest in his state. Now they run around making conspiracy theories. They wont be getting ND oil but not through pipelines since they might blow it up an any time. They also have option to source it from other countries.

Lagos hasn't produced oil yet thats why they havent received 13% derivation. I check NBS and havebt seen a single payment since i checked in 2017.
If only you are matured enough you will know the Op very well with his other monikers here. he is from Akwa Ibom state and he speaks the truth always.

Remember to also start thinking on how to grow up because you are making a joke out of this person you are right now
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Babacele: 10:21pm On Jun 17, 2018
OP let us assume that you are even right that Dangote refinery would be lifting oil from ND, would it be for free? Do you know the quantum of gas being flared daily from Warri alone not to talk of the whole ND?
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Blue3k(m):
lovat:
If only you are matured enough you will know the Op very well with his other monikers here. he is from Akwa Ibom state and he speaks the truth always.

Remember to also start thinking on how to grow up because you are making a joke out of this person you are right now
I dont care where the paranoid conspiracy theorist is from. His arguements are stupid and irrational. These weak appeals negate these facts. This why neither of you can counter the arguements present so you guys just on pointless rants. You should learn how to form a proper arguement since you really don't how to.

Lol you demented conspiracy clowns think its a sign of maturity to make vapid arguements that you can't back up? Please debunk my arguements i present below if you can.

•Dangote is not getting oil from pipelined but ships.
•The refinery can refine heavy oil from neighboring countries.

•Companies allowed to site refinery anywhere they please. Thats why Petrolex is building their oil refinery in ogun which doesn't have oil producing status.
The honest truth is that Lagos has no crude oil. The only reason they gave Lagos that fake status is so that Dangote can site his refinery there will sourcing crude from the ND.
•Lagos got the status because the federal government recognized the offshore oil wells. They haven't received 13% derivation yet since they have produced yet.

the subsea pipeline is gas pipeline not crude. It puts the gas to productive use so it isnt flared. Next its being sold by oil companies so its not free. The gas is supposed to be used for his fertilizer plant.

By opting for a deep sea pipeline, Dangote is hoping to secure crude supply to his refinery for onward shipment across west Africa.
The list of acreages from which the EWOGGS is expected to extract natural gas includes ExxonMobil operated OMLs 70 and 138, Amni-operated OML 52, Shell operated OML 77, Sunlink-held OML 144 and First E&P held OMLs 71 and 72, in which West African E&P, a Dangote subsidiary, has significant stake. The starting point for the pipelines is a new-build platform in OML 72, gathering gas from the hub with OML 52/70/71/72.
You guys are really to slow for the debates. If you guys bothered to read you would not be making idiotic claims left and right and getting basic facts wrong.

Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Nobody:
grin our oil our oil. Chilling in an fpso off d coast of Qua Iboe. Op come nd stop us from selling to dangote o. Ode
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by Efewestern:
Dangote originally wanted to site the refinery in Ondo state, but due to bad politics (Up till now I still don't understand what happened) he moved it to Lagos, it would have been better should the project be sited in Ondo, it's closer to Delta and Bayelsa, Ondo produces about 80-100,000 barrel per day, so sourcing for crude won't be difficult.

It's a welcome development thou , at least we should stop the importation of fuel.
Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by GavelSlam: 11:16pm On Jun 17, 2018
ednut1:
even offshore oil dem go dey scream. When d likes of adenuga, indimi, alakija, afolabi dey waste money exploring we no see dem o. Dey still gv dem 13% derivation, settle their chiefs and pple monthly, yet dey have nothing to show except ojojoro. Instead of them to hold ibori, odili,uduagan responsible dem go dey blame Ab0ki. I was on d fpso below this year. They sell mostly to some lebanese guys, make op go stop dem selling to dangote na

I can guarantee you that impostor is not from the ND.

At best, he's from one of the sides that abut the oil producing areas.

Re: Dangote's Deep-sea Pipeline project exposes the Lagos crude oil fraud by BelovedBuhari(m): 11:16pm On Jun 17, 2018
I only wonder how these guys sleep. They constantly have nightmares where the Yoruba nation's growth and development is killing them.

They can't live a moment without checking on latest updates on SW developments and then try all they can to discredit it.

We are not bothered.
Continue till the bile and bitterness from your jealousies kill you.

Shout till tomorrow,it won't change anything.
G
God bless Dangote
God bless the SouthWest
God bless PMB
Buhari till 2023
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