low price oil refinery in lagos

                                               
                                               
                                               
                                               
                                               
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  • Does Nigeria's new oil refinery increase gasoil exports to West Africa?
  • Our Standards: The Thomson Reuters Trust Principles. Nigeria's new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners, according to traders and shipping data.
  • Does Nigeria's New Dangote oil refinery increase gasoil exports to West Africa?
  • REUTERS/Seun Sanni/File photo Purchase Licensing Rights LAGOS, July 1 (Reuters) - Nigeria's new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners, according to traders and shipping data.
  • Can Nigeria achieve lower petroleum products prices in Naira?
  • Managing Director and Chief Executive Officer of Pinnacle Oil and Gas Ltd., Bob Dickerman said Nigeria can achieve lower petroleum products prices in Naira if the government is ready to take the necessary steps. Dickerman said this while speaking at an event organised by the Nigerian Association for Energy Correspondents (NAEC) in Lagos.
  • Will Nigeria's biggest oil refinery alleviate chronic fuel shortages?
  • Africa's biggest oil refinery has been opened in Nigeria, where it is hoped it will alleviate chronic fuel shortages. Nigeria is a major oil producer but most of this is sent abroad while it has to import the refined fuel used in vehicles and elsewhere. As a result the country often faces chronic fuel shortages.
  • How to lower petroleum prices in Nigeria?
  • ¡°We must address the root problem, restoring global confidence in Nigeria¡¯s economy and currency, creating foreign investment in jobs and local production, increasing tax revenue, and achieving fiscal prudency is the only way to lower petroleum products prices in naira,¡± he said.
  • How much was the investment for Dangote Refinery?
  • The investment for Dangote Refinery is over US$19 billion. The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 in Lekki, Nigeria.