x

Dangote refinery’s product substandard, he seeks to be a monopoly -CEO NMDPRA

By Samuel Itsede Makho

The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has said that the quality of petroleum products from the Dangote refinery, as well as those from Watersmith, Aradel, and other modular refineries, operating in the country are substandard compared to imported ones.

Chief Executive Officer of NMDPRA Farouk Ahmed disclosed this in a recent interview with journalists

The CEO of NMDPRA refuted reports that some cabals within the oil and gas sector were trying to scuttle the Dangote Refinery.

According to him, the 650,000 barrel-per-day refinery has not been issued an operational licence by NMDPRA.

He noted that Dangote Refinery is still in the pre-commissioning stage and about 45 per cent completed.

Ahmed added that the country can not risk allowing Dangote Refinery to become a monopoly especially Automotive Gas Oil and Dual Purpose Kerosene, DPK.

He said: “That is not so. Dangote Refinery is still in the pre-commissioning stage. It has not been licenced yet. We haven’t licenced them yet. I think they are about 45 per cent to completion.

“We cannot rely on one refinery to feed the nation because Dangote is requesting that we suspend or stop imports, especially of AGO and DPK, and direct all marketers to his refinery That is not good for the nation in terms of energy security, and it is not good for the market because of the monopoly.”

Ahmed said that in terms of quality, Dangote’s current AGO (diesel) suffers from the lowest quality in terms of sulphur content, falling short of West Africa’s requirement of 50 parts per million (PPM).

“Dangote Refinery, as well as some modular refineries like Watersmith Refinery and Aradel Refinery, are producing between 650 and 1,200 PPM. Therefore, in terms of quality, their products are inferior to imported ones,” he stated.

This development comes days after the Chairman of Dangote Group, Aliko Dangote, said Dangote Refinery is set to commence fuel supply in August 2024.

Earlier, Devakumar Edwin, the Vice President of Dangote Industries Limited, had alleged that most fuel products imported into Nigeria are substandard.

He also accused international oil companies of frustrating the kickoff of the Dangote Refinery by selling oil crude at a higher price in Nigeria.

Hot this week

Fire raises 10 shops atJos terminus market

By Israel Adamu,Jos Swift action by firefighters and emergency teams...

Dangote Refinery Supplies 92% of Nigeria’s Petrol as FG Halts Imports

The Nigerian Midstream and Downstream Petroleum Regulatory Authority says...

Northern Christian Leader Says Kaduna Pilgrimage Ban Was Known, Claims It Was Challenged

The Chairman of the Northern Christian Association (NCA), Rev....

Sen. Aduda Resigns from PDP, Cites Party Crisis

By Joyce Remi-BabayejuFormer Senator representing the Federal Capital Territory...

Kogi Government Remodels LGEA Demonstration Nursery/Primary School in Okene

By Noah Ocheni, LokojaThe Kogi State Government has...

Nasarawa Marks International Women’s Day, Calls for Greater Investment in Women

The Nasarawa State Government has called for sustained investment...

Thousands of ITF SUPA Trainees Sit City & Guilds Mock Exams Nationwide

Thousands of trainees under the Industrial Training Fund (ITF)...

Oborevwori Commissions 31km Road, Pledges Development in Delta Riverine Communities

Governor Sheriff Oborevwori says his administration is expanding infrastructure...

Julius Berger ups the ante, delivers landmark CSR activities in Rivers State

By Bobby OshokeJulius Berger Nigeria PLC, the nation’s premier...

EFCC Chairman Calls for Stronger Whistleblower Protection Law in Nigeria

By Francis WilfredThe Chairman of the Economic and...

Mambilla Project Trial: Witness Alleges Agunloye Reduced FG Equity Without Approval

By Francis WilfredA prosecution witness in the ongoing...

Sen. Aduda Resigns from PDP, Cites Party Crisis

By Joyce Remi-BabayejuFormer Senator representing the Federal Capital Territory...

Related Articles

Popular Categories

spot_imgspot_img