NNPC will not do anything to truncate commencement of our refinery’s operations- Dangote

NNPC will not do anything to truncate commencement of our refinery’s operations- Dangote

Sunday, September 24, 2023 8:07 am

Dangote refinery

As the nation eagerly awaits the production of petroleum products within, Alhaji Aliko Dangote, the President of the Dangote Group, has said the Nigerian National Petroleum Company Limited (NNPC) would soon supply crude oil to his 650,000 barrels per day (bpd) refinery, located in the Lekki axis of Lagos.

That was contained in a brief note he issued midweek, saying that the Mele Kyari-led NNPC was ready and willing to supply the refinery with crude oil in a few weeks “to enable the commencement of refining operations at the facility.”

The chief promoter of the $19.5 billion facility, reputed to be the world’s largest single-train refinery, according to a report by Channels TV, made the clarification following misconceptions drawn from a recent interview granted to S&P Global Commodity Insights, by the company’s Group Executive Director, Devakumar Edwin.

However, a portion of the interview, where Edwin had revealed why the commencement of production at the refinery “had been delayed a bit was misconstrued in some sessions of the media to mean denial of feedstock supply by the NNPC.”

But Dangote in the statement issued on Wednesday, said NNPC had never denied the company crude oil supply, contrary to some media reports making the rounds.

He noted that the NNPC had been very encouraging and supportive in their business trajectory in the areas of oil and gas.

Dangote further said: “Being a shareholder and a responsive partner, it is an aberration to assume that the NNPC will in any way do anything to truncate or delay the commencement of operations of our refinery.

We will start refining with our Nigeria crude.”

“We deeply appreciate our partnership with the NNPC and its subsidiaries, under the leadership of Group Chief Executive Officer, (GCEO) NNPC Ltd., Mr Mele Kyari” Dangote concluded.

Through the refinery located at the Lekki Free Trade Zone, Lagos Dangote intends to make Nigeria self-sufficient in fuels and free a huge volume for export thus ending the embarrassing title of Africa’s largest oil producer that imports all its refined petroleum products.

Join The Conversation

What do you think?

This site uses Akismet to reduce spam. Learn how your comment data is processed.