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Refinery saga: NNPC supplies insufficient crude oil to us- Dangote

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Alhaji Aliko Dangote

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"r3iAnBTM" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"ZW2jlTuI" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Amidst lingering crisis&comma; Dangote Refinery has revealed that the Nigeria National Petroleum Company Limited&comma; NNPC&comma; is supplying insufficient crude oil for its production demand&comma; hence it is planning to source from brazil and America&period;<&sol;p><div class&equals;"KKVGI7kN" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The President of Dangote Group&comma; Aliko Dangote and the Nigerian Midstream and Downstream Petroleum Regulatory Authority&comma; NMDPRA&comma; alongside NNPCL&comma; had been locked in a dispute&comma; ranging from monopoly allegations to supply of crude for the refinery&comma; substandard fuel imports and ownership of blending plants in Malta&period;<&sol;p>&NewLine;<p>However&comma; Dangote&comma; in a new revelation&comma; said for the &dollar;20 billion refinery to meet its production demand&comma; it must look for other sources of crude oil supply overseas as the NNPCL allocation is insufficient&period;<&sol;p>&NewLine;<p>He said the refinery&comma; which has the capacity of refining 650&comma;000 per day&comma; could not defend on short supply from the Nigeria’s oil company&period;<&sol;p>&NewLine;<p>Rabiu A&period; Umar&comma; Group Chief Commercial Officer&comma; Dangote Industries Limited&comma; told newsmen in Kano on Friday that NNPC supplies only 33 percent of of crude to the refinery&comma; disclosing that it had to look elsewhere to source the remaining 67 percent to meet its production capacity&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>According to Umar&comma; the refinery had concluded plans to supply crude oil from Brazil and America by August&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;First of all the refinery is here in Nigeria&period; We have the crude oil here in Nigeria&period; We thought we would get the crude oil here and refined it here in our refinery for the benefit of the country and the citizens&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Ironically&comma; the country takes the crude oil overseas for refining while we have a refinery&comma; one of the biggest in the world&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;So&comma; we will not stay idle&period; We have to look for other sources to meet our production capacity&period; If we get the crude oil supply here in the country we have no reason to go overseas&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Even now&comma; we are planning to supply crude oil from countries like Brazil and USA&comma;” he said&period;<&sol;p>&NewLine;<p>He said the refinery had commenced supplies to foreign countries since February&comma; disclosing that they receive orders from different countries for supply&comma; especially aviation fuel&period;<&sol;p>&NewLine;<p>The Chief Commercial Officer also revealed that the refinery needs 15 cargos of crude oil in September but NNPCL promised only 5 to it&comma; lamenting that they see the government’s lackadaisical actions towards the refinery as sabotage&period;<&sol;p>&NewLine;<p>According to him&comma; the refinery should be celebrated and embraced by the government rather than painting it black as it is the biggest employer of labour with over 50&comma;000 workers at the moment&period;<&sol;p>&NewLine;<p>He emphasized that against the government&&num;8217&semi;s false narratives&comma; the refinery had started on a positive note as the quality of its refined products are would standard&period;<&sol;p>&NewLine;<p>He said even the House of Representatives&comma; under the leadership of the its speaker&comma; visited the refinery&comma; saw the difference and was satisfied with the quality of the products&period;<&sol;p>&NewLine;<p>The official also said&comma; &OpenCurlyDoubleQuote;we are here to defend ourselves and all the government narratives are not true&period; We urge the people to take samples of our products to ascertain their quality&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We will not be deterred by the government&&num;8217&semi;s criticism&period; We will continue until we reach the promised land&period;<&sol;p>&NewLine;<p>A business analyst in Kano&comma; Abdussalam Kani&comma; on his part demanded for apology to Dangote by the federal government and the national Assembly&period;<&sol;p>&NewLine;<p>He also levelled the NMDPRA boss&comma; Ahmed Farouk’s comments against the refinery treasonable offence that deserve punishment &period;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; 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