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Dangote refinery: We can survive without local patronage 

The Dangote Petroleum Refinery has confirmed the production of petrol at its facility located in Lagos State.  Speaking Monday while featuring on Brekete Family live…

The Dangote Petroleum Refinery has confirmed the production of petrol at its facility located in Lagos State. 

Speaking Monday while featuring on Brekete Family live show, Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, said petrol production commenced on Sunday.

He said if traders in the country or the Nigerian National Petroleum Company Limited (NNPCL) do not buy petrol from Dangote Refinery, the company would have to export the product.

Fuel supply has been impaired nationwide with most NNPCL retail outlets under lock and key while motorists pay as much as N1000 per litre across the country.

Amidst scarcity, NNPCL to become sole buyer from Dangote refineries – Report

Petrol price may rise as NNPCL admits financial strain

Edwin said local oil traders have resorted to importing diesel and aviation fuel, blocking local sales of Dangote fuel.

“We have been exporting aviation fuel, we have been producing kerosene, we have been producing diesel, but yesterday, we started the production of PMS. So, that was the last stage. The only thing now left out is petrochemicals.

“So, the good news for the country is we have started producing PMS from our refinery since yesterday (Sunday),” he said.

Asked if the petrol would be sold locally, he replied, “Well, I explained how there has been a kind of a blockade from lifting our products within the country. The traders have been trying to block (it), and so now we have been exporting our petroleum products. PMS, we are ready to pump in as much as possible to the country.

“But if the traders or NNPC are not buying the product, obviously, we will end up exporting the PMS as we are doing with the aviation jet and diesel.”

 

 

 

 

 

 

 

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