The Dangote Refinery Petroleum Limited said that the Nigerian National Petroleum Corporation Limited, (NNPCL) supplied only six cargoes of crude instead of 15 cargoes.
In statement by the Group Chief, Branding and Communications Officer of the Dangote Group, Mr Anthony Chiejina while clarifying some media reports on the status crude supply from NNPC, the company said that the NNPCL supplied about 60% of the 50 million barrels it lifted.
“To clarify, we have never accused NNPC of not supplying us with crude. Our concern has always been NUPRC’s reluctance to enforce the domestic crude supply obligation and ensure that we receive our full crude requirement from NNPC and the IOCs”, the statement said.
The company said further: “for September, our requirement is 15 cargoes, of which NNPC allocated six. Despite appealing to NUPRC, we’ve been unable to secure the remaining cargoes. When we approached IOCs producing in Nigeria, they redirected us to their international trading arms or responded that their cargoes were committed.”
The Dangote Group disclosed that it often purchase the same Nigerian crude from international traders at an additional $3-$4 premium per barrel which translates to $3-$4 million per cargo
“We therefore still insist that we are unable to secure our full crude requirement from domestic production and urge NUPRC to fully enforce the domestic crude supply obligation as mandated by the PIA’, said the statement.
