DANGOTE REFINERY: OPERATORS SEEK FG INTERVENTION AS MARKETERS OPT FOR FUEL IMPORT

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Operators in the downstream oil sector have called on the Federal Government to intervene by ensuring the provision of crude oil to the Dangote Petroleum Refinery as marketers now prefer to buy cheaper imported refined petroleum products rather than patronising Dangote refinery.
 
ROLL VTR: They also slammed the international oil companies operating in Nigeria for selling crude oil to Dangote refinery above the global market prices, describing this as “anti-country practice.”
 
The National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Abubakar Maigandi, stated this while reacting to claims by the Dangote refinery that it had sold about 3.5 billion litres of refined products to Europe and other countries because some marketers were importing dirty fuels into Nigeria. 
 
Maigandi explained that the reason marketers were shunning the diesel and aviation fuel produced by the Dangote refinery was that the products were higher in cost and the refusal of the President of the Dangote Group, Aliko Dangote, to collaborate with IPMAN.
 
The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, had accused international oil companies in Nigeria of plans to frustrate the survival of the new Dangote refinery.
 

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