The Dangote Refinery is poised to begin production of petrol, according, the Group Vice President, Oil and Gas, Edwin
He said that the process is expected to complement the current products at the refinery, stimulate local supply of the vital product to Nigerians, and save huge foreign exchange revenue for the country.
Reacting to questions, the Group Vice President Dangote Refinery, Oil and Gas, Devakumar Edwin, demystified talks around the monopoly tag, stating that someone has to start a project before others follow.
Additionally, Edwin stated that this includes, among other things, modern technology, the production of Euro V products, carefully planned maritime infrastructure for the receipt and evacuation of crude and product, the creation of a $21 billion annual market for Nigerian crude, and the production of Euro V products.
Engineer Babajide Soyode, the Technical Consultant at Dangote Refinery, expressed his pride in his professional colleagues’ visit during a press conference.
He added,
TimesNow.com.ng reported that the Nigerian National Petroleum Company Limited (NNPCL) has introduced the Utapate Crude Oil Blend, a significant development in Nigeriaâs oil industry.
The National Orientation Agency posted this on its X handle on Friday, August 23, 2024.
The new crude grade is differentiated by its low sulphur content of about 0.0655% and minimal carbon footprint due to the elimination of flare gas, which aligns with the specs sought by major European oil firms.
Source: TimesNow.com.ng
