Domestic crude must be available and commercially viable – Dangote Refinery
Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in the second quarter of 2026. The company emphasised that it remains fully committed to sourcing […]…
Dangote Refinery has clarified its stance on the availability of domestic crude oil, following reports suggesting it rejected 15.5 million barrels of crude offered by local producers in Q2 2026. The company reaffirmed its commitment to sourcing Nigerian crude oil under the Domestic Crude Supply Obligation (DCSO) framework, but emphasized that the key issue lies in the availability of crude at commercially viable prices.
Dangote Industries' Group Vice President, Devakumar Edwin, stated that the refinery is willing to purchase Nigerian crude oil if it is available in sufficient volumes and at competitive market prices, ensuring sustainable operations and affordable petroleum products for Nigerians.
Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
