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Nairaland Forum / Nairaland / General / Politics / NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery (25579 Views)
Navy Hands 8 Suspects With N3 Billion Worth Of Stolen Crude To EFCC / Edo Refinery Orders 200,000 Barrels Of Crude / Buhari Directs NNPC To Take Over The Operations Of Oil Wells (2) (3) (4)
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Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by CodeTemplar: 1:36pm On May 21, 2023 |
lexylaw40:you mean recommissioned as Nollywood action movie sites? |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Hamachi(f): 1:38pm On May 21, 2023 |
ceejay80s:Future impossible tense |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Hamachi(f): 1:39pm On May 21, 2023 |
flexyrule: |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Jembewon2020: 1:41pm On May 21, 2023 |
Officialgarri:you are only spewing out what is in you mind 1 Like 1 Share |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by gaskiyamagana: 1:43pm On May 21, 2023 |
Bluntemperor:My brother, the worse part of it is that the parasite of the country are visiting Saudi Arabia, they are seeing the enjoyment of the the country from oil. In fact bringing Saudi Arabia Aramco to any form of comparison is unavoidable mistake. For example, 12 well function refineries, no private one, to NNPC Zero function refineries, how do you see dat. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by billyG(m): 1:44pm On May 21, 2023 |
Biodun556:How?na bread wey fall inside water? |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by olisaEze(m): 1:48pm On May 21, 2023 |
If you think Dangote is the richest black man alive with just his money, ure still a small boy! 1 Like 1 Share |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by flokii: 1:50pm On May 21, 2023 |
At what price will Dangote sell the refined products back to Nigeria?.. It should not be like Cement that jumped from about #2600 not too long ago to about #4600 now all because of Dangote's price fixing. A healthy economy gives room for competition, not monopoly.. Northerners should stop giving Dangote monopoly over 200+ million Nigerians. The President-elect should review whatever dealings Mele Kyari and the NNPC board had with Dangote, if possible replace them all. We need Government-owned refineries too, not just those of private individuals. 1 Like |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by billyG(m): 1:50pm On May 21, 2023 |
I don't if they have the capacity to supply 300,000barrels of oil per day to Dangote refinery has Nigeria nnpc been able to meet their OPEC quota? And again Dangote refinery should not rely on a serial failure like nnpc. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by chaiks: 1:58pm On May 21, 2023 |
God bless federal republic if Nigeria , Alhaji aliko. Imagine if we had done this over the years. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by flokii: 1:58pm On May 21, 2023 |
sevenseas: Mele Kyari will likely sell Nigerian crude to his brother Dangote in Naira but when it's time for Dangote to sell refined products to Nigerians, he'll say he can't sell back in Naira but US Dollars. At the end of the day, cost of importing and dealing in refined petroleum products will be far lesser (likely better) than the ones from so called Dangote refinery. Those Southerners at National Assembly with herd mentality won't ask pertinent questions until PMS (petrol) starts selling at #1500 per litre courtsey of Dangote and his multi-billion dollar refinery. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by samwash(m): 2:00pm On May 21, 2023 |
Does it mean the FG of Nigeria can't build us a refinary? Why depends on a private refinery, do the FG has share in that refinery? Am yet to understand the jubilation about this Dangote refinery. 1 Like 1 Share |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by CodeTemplar: 2:03pm On May 21, 2023 |
tnerro1:Zeb Ejiro and Kunle afolayan will buy them and be using them for action film scenes. 1 Like |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by CodeTemplar: 2:05pm On May 21, 2023 |
samwash:it is about tribal domination and exploitation. The FG is pro-northerner and Fulani so therefote value a key asset with Fulani monopoly than that they swore to maintain and run efficiently. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Eriokanmi: 2:12pm On May 21, 2023 |
talktrue4eva:Buhari na my.man any day, though he messed up in some areas deliberately out of nepotism. He remains the only incorruptible leader in Nigeria today( among those the past and present). |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by MindHacker9009(m): 2:20pm On May 21, 2023 |
. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by GetSenseNow: 2:26pm On May 21, 2023 |
Officialgarri:And you couldn't state your opinion with making derogatory comments? Wow |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Nyanabo(m): 2:29pm On May 21, 2023 |
When a numb-skull speaks you would know. I just pray Tinubu brings better hands on deck to handle our economy. Because this numb-skull we call a president has finished this country. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by kay29000(m): 2:33pm On May 21, 2023 |
Kirigidi: Is he getting the crude oil for free?? |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Kukutenla: 2:44pm On May 21, 2023 |
solmusdesigns:You nko What are you buying Our your lot is to be a sycophant for those who are buying for their generation |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by EmmaLege: 2:53pm On May 21, 2023 |
🪂 |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Lukuluku69(m): 3:13pm On May 21, 2023 |
flokii: I don't think Dangote needs to sell back the refined product back to Nigeria. You see, out of Nigeria Daily Crude Production be it 2.8m, 2.2m barrels or any other Production Quota allotted it by OPEC, 300,000 Barrels is reserved for Local Consumption. Ordinarily this 300k barrels is suppose to go to the Four Comatose Refinery for refining but since they are not working, NNPC sell it and give to Nigeria Purse who in turn use it as they see fit. So, the 300k barrels this NNPC Oga is talking about is the same Statutory 300,000 Barrels per day earmarked for Local Consumption. The man is just playing to the gallery. He is not doing or saying anything new. What we need to find out now is the sharing ratio between Dangote Refinery and NNPC/Nigeria for the refined products. Is it going to be for a Fee? Or some products and bye-products to be taken by Dangote in Return? As you can see, Dangote Refinery Has an installed Capacity of 650,000 Barrels daily, the rest I am sure will be bought by Dangote and he can of course dispose it the way Al businesses dispose their products and that is for a Profit. 2 Likes 1 Share |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Babathanks(m): 3:16pm On May 21, 2023 |
Judolisco:No private sector would risk building a refinery in niger delta because is prone to bombing or destroying cos of levy or greediness of youth there, ondo would had been a best option but the governor that year is selfish 1 Like |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by olatuns2017: 3:18pm On May 21, 2023 |
peekspot: Dangote Refinery is fully ready for commissioning this week, it is the biggest Refinery in Africa with capacity to refine 600 thousand barrels of crude oil daily and provision of over 12 thousand megawatts of electricity. The Man who built it is not a noise maker, his people never dragged Lagos with Yoruba, neither is he threatening to cause chaos in Lagos. He is peace loving and a man everyone will love to have as neighbour. 3 Likes 3 Shares |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by ElijahIme1992(m): 3:20pm On May 21, 2023 |
Lukuluku69:No Sir, in a mega project like dat, after building there is a testing phase, this is to see how the stuff built will respond to different stress and performance, this testing phase helps ensure that errors not seen are corrected, so even if the refinery was built to take 600k barrels, they need to start gradually and assess.. Let me shock dat it may take dat refinery btw 2-3 years to run on its full capacity. 1 Like |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by dappydozzy(m): 3:21pm On May 21, 2023 |
owiko: There is no nigerian factor in a privately owned refinery. It is only in the public sector that things dont work, not in the private sector. In the private sector, everyone sits up. 1 Like 1 Share |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Babathanks(m): 3:26pm On May 21, 2023 |
flexyrule:You think that a private citizen would risk building is refinery in Niger delta? Something that can be blown up anytime cos of little argument cos of levy |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by seunmsg(m): 3:28pm On May 21, 2023 |
sevenseas: https://www.premiumtimesng.com/business/business-news/445892-dangote-refinery-to-sell-refined-crude-in-naira-emefiele.html#:~:text=%E2%80%9CBased%20on%20agreement%20and%20discussions,the%20country%20becomes%20very%20clear. 2 Likes |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by dododawa1: 3:30pm On May 21, 2023 |
Their will, their will, their will,their will |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by Lukuluku69(m): 3:32pm On May 21, 2023 |
ElijahIme1992: No Sir! They could have done a Test Run with 50k, 100k, 150k, 200k Barrels to test as you opined but why 300k barrels? The exact amount Statutorily set aside for Local Consumptions out of Nigeria's Daily production of Crude? The Truth of the matter is that the NNPC Oga is just playing to the gallery. That 300k Daily set aside for Local Consumption has been in place for Decades. They are supposed to be given to the Four Refineries and refined for our use here at home but since those Refineries are not working, NNPC sell and remit to Federal purse. So, with a Functioning Refinery in Nigeria now, NNPC is simply giving the same Statutory Allocation to a working Refinery. Remember NNPC have a 20% Stake in Dangote Refinery. So, Sir it is not for any Test but a proper take off of operations. Dangote Refinery will source for the remaining 350k barrels somehow. Peace. |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by EasternPrince: 3:41pm On May 21, 2023 |
johnjose68: You can keep all the bad news in you home No one wants you or it |
Re: NNPC To Supply 300,000 Barrels Of Crude To Dangote Refinery by 27Pushing30: 3:42pm On May 21, 2023 |
diplomat058: it remains to be seen.. remember this is a loan we talking about... dangote must repay in USD so like NNPC previously stated ... only cost savings for now will be in Freight costs. calabar , PH and Delta will definetly be less than 3 days (lets assume 2 extra days for loading and discharge operations) while in places like Lagos should experience cheappppp fuel because of the tank farms there and easy distribution within the city. Now we look at the Nigerian factor 1 Like |
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