Dangote invites petroleum regulator to verify output figures
On Mon, Oct 23, 2023, Dangote Refinery announced its readiness to demonstrate its capability to produce 1.5 billion liters of petrol per month. This announcement follows inquiries by Nigeria's Petroleum Regulatory Authority regarding the refinery's…
On Mon, Oct 23, 2023, Dangote Refinery announced its readiness to demonstrate its capability to produce 1.5 billion liters of petrol per month. This announcement follows inquiries by Nigeria's Petroleum Regulatory Authority regarding the refinery's production capacity.
The regulatory authority had released data indicating that Dangote's production was only a third of the claimed capacity. The national demand for petrol is estimated at 55 million liters per day, equating to approximately 1.6 billion liters per month.
In response to the regulatory report, Dangote invited officials to observe and verify daily production figures, emphasizing the importance of transparency. The company asserts its current capacity and projects an increase to 1.7 billion liters per month by Feb 2026.
On Mon, Oct 23, 2023, Dangote Refinery announced its readiness to demonstrate its capability to produce 1.5 billion liters of petrol per month.
This discussion is central to the government's recent decision to postpone the ban on the importation of refined petroleum, due to concerns over local refiners' ability to meet national demand.
Based on reporting by Africanews.
