"We expect before the end of next month we'll also have gasoline in the market, and we'll also have Euro V diesel for export, that is below 10ppm", Argus Media, quoted Edwin to have said at a
Dangote, chief executive
Dangote refinery started its crude distillation unit in January, and received approval to start up a mild hydrocracker with its desulphurisation units in March.
A source at
Dangote started naphtha exports in March, low-sulphur straight-run fuel oil (LSSR) exports in May and began selling diesel and jet fuel domestically in April. It has a waiver from NMDPRA to sell diesel with sulphur levels above 600ppm into the local market, Argus said.
At full capacity Dangote will be able to more than meet Nigerian domestic gasoline demand. But a trader in the region said gasoline production is unlikely to start next month, citing the amount of cargoes to be delivered to the country.
Exports of naphtha, a key blending component in finished-grade gasoline, are continuing from the refinery, with 80,000t due to load on
Edwin, who hinted at a slowing of spot sales, said: "We had a meeting to see, probably, how we can slow down our sales because we've already made quite a few forward bookings,"
"Export, for example, aviation/jet, the last vessel went to the
Dangote recently added
The deal could also see the oil major supply crude to the refinery. A source told Argus there is a deal for
Indications based on the refinery's slate to date and
Meanwhile, in a drive towards its goal of boosting
The high-level meeting between the NUPRC chief and officials of Schlumberger, the commission said, underscored its commitment to fostering strategic partnerships that would enhance
The purpose of the visit, a statement from the oil sector regulator stressed, was to explore specific areas of collaboration and partnership between both organisations.
Komolafe engaged the company in an extensive discussion aimed at cultivating a long-term partnership that aligns with the commission's goals and regulatory framework.
During the meeting, Komolafe emphasised that the NUPRC adopts a participatory and collaborative approach to facilitate ease of doing business in the oil sector.
He highlighted several of the commission's achievements since its inception in 2021 under the Petroleum Industry Act (PIA).
Key achievements, he said include the establishment of 17 regulations aimed at improving industry standards and operational efficiency.
Additionally, he said the re-engineering of the Nigeria National Data Repository (NDR) has been a significant milestone, promoting the monetisation of oil blocks and aligning regulations with global energy transition initiatives and carbon footprint reduction goals.
The NUPRC chief executive also mentioned the ongoing licensing rounds as a testament to the commission's proactive approach in regulating the sector.
One notable achievement, he noted, was the NUPRC's commitment to eliminating gas flaring and commercialising flared gas under the Nigerian Gas Flare Commercialisation Programme (NGCP).
The initiative, he pointed out, has designated 49 flare sites for commercialisation, demonstrating the commission's dedication to environmental sustainability and resource optimisation.
Speaking on behalf of SLB Global, Mr.
He reiterated the importance of such partnerships in unlocking
Areas of mutual interest discussed included the development of
"At the end of the meeting, it was agreed that a contact team would be established to further investigate and identify more opportunities for collaboration.
"The team will focus on expanding the scope of mutual interests and ensuring that both organisations can effectively work together to achieve their shared objectives," the statement added.
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