The Major Oil Marketers Association of Nigeria, MOMAN, says the 650,000 BPD Dangote Refinery in Ibeju Lekki, Lagos will be extremely beneficial to Nigeria when it begins production.
The Department of Petroleum Resources, DPR, has promised to upgrade downstream operations to global standards with improved technology in its ongoing automation process.
The Major Oil Marketers Association of Nigeria, MOMAN, says Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit, PMS, which will enable pump price to be determined by market forces.
The Major Oil Marketers Association of Nigeria, MOMAN, has expressed concern over the N154 billion loss recorded by Nigeria’s three refineries in the 2018 audited accounts published by the Nigerian National Petroleum Corporation, NNPC.
The Nigerian National Petroleum Corporation, NPPC, says it has 2.6 billion litres of petroleum products offshore and onshore in Lagos State to meet the...