Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Senate gives Seplat, three oil firms 48 hours to answer NEITI queries

August 12, 2026

Osun Guber: IGP Disu Warns Against Electoral Violence, Bars Amotekun, vigilantes from Osun gov poll

August 12, 2026

President Tinubu Approves Framework to Unlock $50bn Offshore Investments

August 12, 2026
Facebook X (Twitter) Instagram
Trending
  • Senate gives Seplat, three oil firms 48 hours to answer NEITI queries
  • Osun Guber: IGP Disu Warns Against Electoral Violence, Bars Amotekun, vigilantes from Osun gov poll
  • President Tinubu Approves Framework to Unlock $50bn Offshore Investments
  • NFF apologises to Tinubu, Nigerians over Falcons’ World Cup qualification setback
  • Gov Fubara hosts Rivers APC guber candidate, Wike-backed reconciliation panel
  • Immigration Deploys Team to UK to Resolve Nigerians Passport Issues
  • Military Airstrikes Wound ISWAP Commander, Kill 4 In Lake Chad
  • Dangote meets Canadian PM Mark Carney to advance Canada-Africa trade and investment
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Oil & Gas»‘We’ve not licensed them yet’ — NMDPRA says Dangote refinery at ‘45% completion’
Oil & Gas

‘We’ve not licensed them yet’ — NMDPRA says Dangote refinery at ‘45% completion’

VardiafricaBy VardiafricaJuly 19, 2024Updated:July 19, 2024No Comments11 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is still at the pre-commissioning stage and has not been licensed.

Speaking to journalists in Port Harcourt on Thursday, Farouk Ahmed, the chief executive officer (CEO) of NMDPRA, said there are numerous concerns regarding petroleum products’ supply nationwide.

“Well, just like you rightly asked, there are lots of concerns about the supply of petroleum products nationwide and the claims by some media houses that we were trying to scuttle Dangote refinery; that is not so,” he said.

“Dangote refinery is still in the pre-commissioning stage. It has not been licensed yet. We have not licensed them yet.

“I think they are at about 45 percent completion. So we can not rely heavily on one refinery to feed the nation because Dangote is requesting that we should suspend or stop all importation of petroleum products, especially automotive gas oil (AGO) or jet kero and direct all marketers to the refinery.”

This, Ahmed said, is not good for the nation in terms of energy security and also not good for markets because of monopoly.

“So, in terms of quality, currently, the AGO quality in terms of sulphur is the lowest as far as West Africa’s requirement of 50 ppm,” he said.

“Dangote refinery as well as some major refineries like Waltersmith refinery, produce between 650 to 1200 ppm. So, in terms of quality, their quality is much more inferior to the imported quality.”

On June 4, Aliko Dangote, Africa’s richest person, said some international oil companies (IOCs) were struggling to supply crude to his refinery.

Speaking on Arise TV on July 15, Gbenga Komolafe, chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) described the claim as “erroneous” as the Petroleum Industry Act (PIA) has provisions that guide willing buyer-willing seller transactions.

On July 17, the management of Dangote Industries Limited (DIL) insisted that IOCs are frustrating its request to purchase crude feedstock for the Dangote refinery

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

NDDC Empowers Women to Build Wealth with Skills, Entrepreneurship

August 7, 2026

NCDMB Launches Technology Innovation Challenge, Pledges Ecosystem of Solution Providers

August 6, 2026

Dangote Refinery tops US for Second Consecutive Month as Europe’s largest Jet fuel supplier

August 6, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025440

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202551
Don't Miss
Government
Government By VardiafricaAugust 12, 20262 Mins Read3

Senate gives Seplat, three oil firms 48 hours to answer NEITI queries

By VardiafricaAugust 12, 20263 Government Updated:August 12, 202602 Mins Read

The Senate Public Accounts Committee (PAC) has given Seplat Energy, Network E&P Nigeria Limited and…

Osun Guber: IGP Disu Warns Against Electoral Violence, Bars Amotekun, vigilantes from Osun gov poll

August 12, 2026

President Tinubu Approves Framework to Unlock $50bn Offshore Investments

August 12, 2026

NFF apologises to Tinubu, Nigerians over Falcons’ World Cup qualification setback

August 12, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Senate gives Seplat, three oil firms 48 hours to answer NEITI queries

August 12, 2026

Osun Guber: IGP Disu Warns Against Electoral Violence, Bars Amotekun, vigilantes from Osun gov poll

August 12, 2026

President Tinubu Approves Framework to Unlock $50bn Offshore Investments

August 12, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025440

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Type above and press Enter to search. Press Esc to cancel.