Breaking News
NNPCL Increases Crude Allocation to Dangote Refinery to Seven Cargoes for May
The Nigerian National Petroleum Company Limited (NNPCL) has raised its crude oil supply to the Dangote Petroleum Refinery for May loading to seven cargoes, up from the five cargoes allocated in previous months.
This decision comes as global fuel prices spike due to disruptions from the ongoing conflict involving Iran, which has tightened Middle East crude supplies and forced buyers worldwide to compete for available barrels.
The move aims to boost domestic fuel production at Africa’s largest refinery (650,000 barrels per day capacity) and help stabilize the local market amid high prices.
A senior Dangote Refinery official told Reuters: “NNPC has allocated more cargoes to Dangote for May. While this will not completely meet our demands, it can help.”See more, details. .
-
Breaking News7 months agoBREAKING NEWS: Labour Congress Call For Review Of Minimum Wage, Propose N150,000 Pay For Lagos Workers
-
Breaking News7 months agoALLEGED BLASPHEMY: Angry Youths Kill Female Food Seller In Niger State
-
Entertainment8 months agoBurna Boy Used To Squat In My House – Cubana Chief Priest
-
Entertainment8 months agoBBNaija S10: I Was Prevented From Returning To Show Despite Being Medically Fit – Sabrina
-
Entertainment8 months agoPopular Nigerian Comedian, Josh2Funny And Wife, Bina, Welcome Third Son
-
Entertainment8 months ago[VIDEO] Ibom Air Incident: Comfort Emmanson Opens Up on Traumatic Experience
-
Breaking News7 months agoBREAKING: CAC Extends New Fee Regime To October 1
-
Entertainment8 months agoMedia Personality Toke Makinwa Make Confession On Fearful Pregnancy Journey, Shares Fresh Maternity Shoot
-
Breaking News7 months agoBREAKING: 1 Israeli Soldier Dead, 9 Injured, 4 Missing
-
Politics8 months agoSoludo Mocks Obi, Declares ADC and LP “Dead” After Anambra By-elections
-
Breaking News7 months agoBukuyum: Air Operations Force Bandits To Release 70 Kidnapped Victims In Zamfara
-
Breaking News7 months agoBREAKING: Hamas Captures Israeli Soldiers in Gaza
