Wednesday, 12 June 2024 04:44

Dangote Refinery delays petrol supply to domestic market till July

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Aliko Dangote, Africa’s richest person, announced a delay in petrol supply from the Dangote Petroleum Refinery, now set to commence in July. Dangote made this announcement on June 9 during the inauguration of the Dangote Sinotruk West Africa’s completely knocked-down (CKD) plant in Lagos.

Previously, on May 18, Dangote had stated that the refinery would start producing petrol in June, eliminating the need for Nigeria to import the product. However, providing an update, Dangote indicated that the refinery is now expected to begin supplying petrol to the downstream market by July 15.

“We had a bit of delay, but PMS will start coming out by the 10th to 15th of July. We want to keep it in the tank to make sure it settles,” he said. “So by the third week of July, we’ll be able to come out to take it into the market.”

On June 3, Dangote also mentioned that some international oil companies (IOCs) were experiencing difficulties in supplying crude to his refinery. In response, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated on June 5 that discussions were ongoing with the IOCs to ensure they meet their domestic crude oil supply obligations.

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