The Nigerian National Petroleum Company Limited, NNPCL, has delivered a total of 48.6 million barrels of crude oil to Dangote Petroleum Refinery in the past 10 months, Vanguard investigations have revealed.
…as petrol import falls 12% to 20.29bn litres
However, sources close to the Dangote Refinery said the volume supplied remains low when compared to the installed refining capacity of the 650,000 barrels per day plant. The Q2’24 estimate also indicates that the NNPCL may have booked the crude oil needs of Dangote Refinery at less than 50% of the installed production capacity.Meanwhile, the volume of Premium Motor Spirit, PMS, also called petrol fell year-on-year by 12.6 percent to 20.29 billion litres in 2023 from 23.24 billion litres in 2022.
The statistics also showed that 109.39 million litres of AGO were locally produced in 2023, representing a 6.76 per cent rise from 102.47 million litres produced in 2022. NBS said: “In 2023, PMS truck out stood at 20.22 billion litres, indicating a 16.96% decrease relative to 24.35 billion litres recorded in 2022.
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