
In a major development for Nigeria’s oil and gas sector, the Dangote Petroleum Refinery has received 146,000 metric tonnes of crude oil from the international market as it ramps up refining operations.
Vessel Hercules Discharging Crude, More on the Way
According to the latest news, the vessel *Hercules* is currently discharging the cargo at the 650,000 barrels-per-day refinery, while another vessel, *Sienna*, is expected to arrive soon with an additional 125,000 metric tonnes of crude oil. These deliveries signify a key milestone in the refinery’s commercial activities.
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Refined Products Set for Export
Three vessels – *Microft*, *STI Mighty*, and *PS New Orleans* – are also at the facility to load 10,000, 44,000, and 44,000 metric tonnes of jet fuel respectively for the global market. This demonstrates the refinery’s capacity to meet both local and international demand.
PMS and Diesel Imports Continue
The tanker schedule reveals that several other vessels are discharging imported Premium Motor Spirit (PMS) and diesel for key Nigerian operators, including Aiteo, A.A Rano, Obat, Pinnacle, MENJ, and Rainoil. The increased activity reflects a competitive, deregulated petroleum market in Nigeria.
Industry Players Applaud Deregulation
Olatide Jeremiah, CEO of Petroleum Price NG, noted that the deregulation of the petroleum sector has allowed marketers to purchase products from both local and international sources. “This creates competition, which ultimately benefits Nigerian consumers,” he said.
Collaboration Between Dangote and NNPC Strengthens
Amid rising output, Dangote Group and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have committed to deepening their collaboration. Aliko Dangote emphasized that both entities are partners in progress: “NNPC is part and parcel of our business, and we are also part of NNPC.”