The second and third shipments were delivered towards the end of the previous year.
SEATTLE (Oil Monster): Dangote Refinery has received its fourth shipment of crude oil feedstock. The shipment of one million barrels of bonny light crude came from Nigeria National Petroleum Company (NNPC) Limited. The statement released by the Dangote Oil Refining Company stated that the fifth shipment will be received soon.
RELATED NEWS:
Nigeria's Dangote Refinery Set to Receive First Cargo of Crude
Central Bank of Nigeria Foresees Dip in Crude Oil Earnings in 2024
According to the company, the preparations for the commencement of production in Dangote refinery are in top gear, after having received the fourth crude shipment. The fifth shipment is expected any time soon, it said.
The latest shipment is the fourth out of the six expected consignments expected to make the refinery start production. Once all the six million barrels are delivered, the refinery will commence production of diesel, aviation fuel, liquefied petroleum gas and premium motor spirit.
The refinery had received its maiden one million barrels of Agbami crude grade from the Shell International Trading and Shipping Company Limited (STASCO) during the first week of December 2023. The second and third shipments were delivered towards the end of the previous year.
According to Akin Omole, managing director of Dangote port operations, the refinery is supposed to receive the remaining two shipments during early-January this year.
United States Crude Oil Prices | |||
---|---|---|---|
COMMODITY | PRICE | CHANGE | |
Alabama Heavy Asphaltic Sour | 61.97 | +0.54 | |
Alabama Light Sour | 68.86 | +0.61 | |
Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
Alabama Light Sweet | 73.86 | +0.61 | |
Alabama/ Florida Panhandle | 73.32 | +0.90 |
Plastic Keychain Magnet
Keychain Magnets as gift items to promote your Scrap Metal Recycling business!. Letters and numbers can be imprinted. Available Colors: Red, Blue and Green
$2.59
Scrap Metal Test Magnet 10 lb N52 Neodymium Rare Earth
Retrieval and Metal Testing Magnet. Contains The Most Powerful Grade of Neodymium Rare Earth Magnet (N52). Case Material: Aluminum
$9.99