Crude Oil Supply Challenges Ease As Dangote Refinery Receives Four Cargoes …C0NTINUE READING HERE >>>
The Dangote Petroleum Refinery has taken delivery of four crude oil cargoes from the Nigerian National Petroleum Company Limited (NNPCL) as part of the naira-for-crude agreement, according to officials from both the refinery and the Federal Government on Tuesday.
The deliveries occurred over the past three weeks, marking the commencement of the crude sale to local refineries using the local currency.
Officials familiar with the deal confirmed that more crude oil shipments are expected in the coming weeks.
A source close to the Technical Subcommittee on Domestic Sale of Crude Oil…
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