Dangote supplied 71% of Nigeria’s August petrol – NMDPRA report
The Dangote Refinery supplied nearly 36 million litres of petrol daily in August, accounting for 71% of Nigeria’s total receipts, a new NMDPRA report shows Read More: https://punchng.com/dangote-supplied-71-of-nigerias-august-petrol-nmdpra-report/
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reported that Dangote Petroleum Refinery supplied about 71% of Nigeria's petrol in August, providing around 36 million litres of petrol daily to the market. This represented a 39% increase in domestic Premium Motor Spirit (PMS) receipts from July's 25.8 million litres per day to 35.9 million litres per day.
Meanwhile, PMS imports fell by 26% from 19.7 million litres per day to 14.6 million litres per day, resulting in domestic receipts exceeding imports by 21.3 million litres per day. The Dangote refinery produced an average of 41.94 million litres of PMS daily in August, with 35.87 million litres supplied domestically and the remaining 9.73 million litres exported. The refinery's average capacity utilisation was 105.21% during the month.
Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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