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At Senate Hearing, Official Reveals Dangote Refinery Gets 60% of its Crude from NNPCL | METROWATCH

Aliyu made the submission during an interactive session organised by the Senate Ad-hoc committee to investigate alleged sabotage in the Nigerian petroleum industry

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August 8, 2024
in Business, Highlights, legislature, Top News
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At Senate Hearing, Official Reveals Dangote Refinery Gets 60% of its Crude from NNPCL | METROWATCH

*Dangote Refinery complex Lagos Nigeria

By METROWATCH

At the Nigerian Senate’s Public Hearings on the alleged sabotage in the nation’s oil sector, an official of Dangote Refinery, Aliyu Suleiman, revealed that the company gets 60% of its crude oil need from Nigerian National Petroleum Corporation Limited.

Suleiman, group chief strategy officer, of the  company, disclosed this in Abuja on Wednesday.

Aliyu made the submission during an interactive session organised by the Senate Ad-hoc committee to investigate alleged sabotage in the Nigerian petroleum industry.

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This supersedes the position of the Group Chief Commercial Officer, Dangote Industries Limited, Rabiu A. Umar, who had claimed that the NNPC has been supplying insufficient crude oil for its production demand, while speaking recently with newsmen in Kano.

Umar had said that NNPC supplies only 33 per cent of crude to the refinery, disclosing that it had to look elsewhere to source the remaining 67 per cent to meet its production capacity.

He added that the refinery, which has the capacity of refining 650,000 per day, could not depend on short supply from Nigeria’s oil company.

But during his presentation, Aliyu Suleiman stated that out of the five million barrels of crude oil they got in recent time, NNPC gave them 60 per cent, 20 per cent was imported, and 20 per cent was purchased.

Concluding , Aliyu expressed gratitude for the strong partnership between the Dangote Refinery and the NNPC Ltd, and for making the huge supply to Dangote.

He described the refinery as a baby that should be supported by all relevant stakeholders in order to grow and not die

Tags: Alhaji Aliko DangoteDangote RefineryNigerian SenateSuleiman Aliyu
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