Nigeria’s Dangote Oil Refinery Criticized Over Purchase of US Crude
2 min read
The purchase by Nigeria’s new mega refinery of 2 million barrels of crude from the US has raised questions about why a petro-state isn’t using its own supply to feed the giant plant.
Author of the article:
Published Feb 01, 2024 • 3 minute read
Article content
(Bloomberg) — The purchase by Nigeria’s new mega refinery of 2 million barrels of crude from the US has raised questions about why a petro-state isn’t using its own supply to feed the giant plant.
Built to a capacity of 650,000 barrels a day and owned by Aliko Dangote, Africa’s richest person, the Dangote oil refinery has long been seen as a welcome end to a legacy of sending the nation’s crude abroad for processing, and a reliance on costly foreign fuel.
Advertisement 2
Bloomberg News
2024-02-01 10:03:17
All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator
Read more from original source here…
