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

Chieftaincy Tussle: One Killed, Houses Destroyed in Kogi Community

From Noah Ocheni, LokojaChieftaincy supremacy over the weekend set...

Rescued Kidnap Victim Gives Birth to Twin Girls at IDP Camp in Kogi

From Noah Ocheni, LokojaThe Kogi State Government has confirmed...

FG Inaugurates Steering Committee to Drive Establishment of Cotton, Textile and Garment Development Board

By Francis WilfredThe Federal Government has officially inaugurated a...

China’s ‘Two Sessions’ and the Opportunity for Africa

BY CHARLES ONUNAIJUA very significant event in China’s political...

Oluremi Tinubu Urges Nationwide Adoption of Akwa Ibom Senior Citizens Centre Model

By Ogenyi Ogenyi, UyoNigeria’s First Lady, Senator Oluremi...

PDP cautions Gov Eno against playing politics with Ibom Seaport

By Ogenyi Ogenyi,UyoThe PDP Advocates for Peace and Justice...

NUJ FCTA Chapel Celebrates International Women’s Day with Call to Empowerment

Abuja, Nigeria - The Nigeria Union of Journalists (NUJ)...

Ajimijere Congratulates Amb. Joseph Sola Iji on Appointment as Nigeria’s Ambassador to Russia

By Jabiru HassanEngineer Olabode Jones Ajimijere, a chieftain of...

China Restates Commitment to Africa, Unveils New Areas of Cooperation

China has reiterated its commitment to strengthening relations with...

My credentials are valid, Deputy Speaker, Kalu denies alleged certificate forgery

By Our CorrespondentThe Deputy Speaker of the House of...

The Power List: Women Driving Gender Advocacy in Nigeria

International Women’s Day Special FeatureVoices of Impact: The Advocates...

Related Articles

Popular Categories

spot_imgspot_img