By
Peterside Rejoice Eneky
The Dangote Petroleum Refinery has strengthened its operations with the arrival of 146,000 metric tonnes of crude oil from the international market, delivered by the vessel Hercules, which is currently discharging its cargo.
Industry sources confirm that another shipment, carried by the vessel Sienna, is en route with an additional 125,000 metric tonnes of crude oil, further bolstering the refinery’s feedstock for processing.
In a significant development reflecting the refinery’s growing operational capacity, three vessels Microft, STI Mighty, and PS New Orleans have also arrived to export 98,000 metric tonnes of jet fuel to the global market. This comprises 10,000, 44,000, and 44,000 metric tonnes respectively.
According to the latest tanker position reports, other vessels are also discharging imported volumes of Premium Motor Spirit (PMS) and diesel destined for top domestic operators such as Aiteo, A.A Rano, Obat, Pinnacle, MENJ, and Rainoil.
Olatide Jeremiah, CEO of Petroleum Price NG, attributed these activities to the sector’s deregulation, which has opened the market to both local and international players. “Increased competition is driving efficiency and benefiting consumers across Nigeria,” he noted.
Meanwhile, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery & Petrochemicals (DPRP) have reaffirmed their commitment to deepening cooperation for national energy security. Speaking on the partnership, Aliko Dangote, President of Dangote Group, stated, “There is no competition between us. NNPC is part and parcel of our business, and we are also part of NNPC.”
The 650,000 barrels per day refinery, which is among the largest in the world, is seen as a cornerstone for transforming Nigeria’s petroleum industry and reducing the country’s dependence on imported fuels.
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