{
  "id": 10696064,
  "title": "Crude oil refinery owners seek end to petroleum products imports",
  "url": "https://urgent.news/2026/09/29/crude-oil-refinery-owners-seek-end-to-petroleum-products-imports",
  "topic": "world",
  "section": "World",
  "published": "2026-09-29T13:26:53.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/crude-oil-refinery-owners-seek-end-to-petroleum-products-imports/"
  },
  "original_language": "en",
  "account": "The Crude Oil Refinery-Owners Association of Nigeria (CORAN) has urged the Nigerian government to halt unnecessary petroleum-product imports and instead maximize domestic refining capacity. CORAN Chairman, Momoh Oyarekhua, made this call at the 3rd Nigeria Oil Refining Summit held in Lagos. He argued that Nigeria should transition from a crude oil exporter to a refined product exporter, thereby creating jobs, boosting industrial growth, ensuring energy security, and promoting prosperity for Nigerians. Oyarekhua emphasized the necessity of domestic refineries' reliable access to crude oil for efficient operation. He also stressed the need for enhanced investment in pipelines and storage infrastructure. The CAL claimed that increased domestic refining would bolster petrochemical and manufacturing industries, retain foreign exchange, and foster local expertise. The association's 10-point agenda includes institutionalizing the Naira-for-Crude initiative, establishing a domestic crude pricing template, and eliminating petroleum-product imports once domestic refining capacity meets national demand.",
  "summary": "The Crude Oil Refinery-Owners Association of Nigeria has urged the Federal Government to end petroleum product imports and maximise domestic refining capac Read More: https://punchng.com/crude-oil-refinery-owners-seek-end-to-petroleum-products-imports/",
  "key_points": [
    "Nigerian government urged to stop petroleum imports",
    "CORAN calls for maximizing domestic refining capacity",
    "Transition to refined product exporter proposed"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Crude oil refinery owners seek end to petroleum products imports",
        "url": "https://urgent.news/2026/09/29/crude-oil-refinery-owners-seek-end-to-petroleum-products-imports-10698593",
        "published": "2026-09-29T13:40:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}