The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is expected to supply 25 million liters of petrol thus September.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority says the Dangote refinery is expected to supply 25 million litres of petrol daily this month.
Speaking in a social media post on Tuesday, the authority said The Nigerian National Petroleum Company Limited has“At the NMDPRA headquarters in Abuja, NNPCL reach an agreement to commence crude oil sale and supply to Dangote Refinery in local currency,” the authority said. “The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September. And will subsequently increase this amount to 30 million liters daily from October 2024.”This is comes months after its initial announcement to begin production of the commodity, also known as premium motor spirits .
On May 18, Aliko Dangote, chairman of Dangote Industries Limited , had said the refinery would begin to produce petrol from June, adding that Nigeria would not have to import the product again.However, in June, the business mogul said due to a minor delay, the refinery would commence petrol supply in July.
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