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Nairaland Forum / Nairaland / General / Politics / NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery (9246 Views)
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NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by FreeStuffsNG: 8:06am On Jan 02 |
NNPCL delivers fourth 1million barrel of crude oil to Dangote Refinery
https://nairametrics.com/2024/01/02/nnpcl-delivers-fourth-1million-barrel-of-crude-oil-to-dangote-refinery/ Mynd44 nlfpmod 15 Likes 4 Shares
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Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by FreeStuffsNG: 8:06am On Jan 02 |
“Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL), and expecting the fifth crude shipment, anytime from now. A whopping annual revenue of $27 billion!! And 20% of this company belongs to FG. The shares of this company stock will be listed on Nigeria Stock Exchange so that an average Nigerian can have a piece of the company. This is a huge milestone and I am very proud of everyone who made this possible. What seemed important in the eyes of the unpatriotic naysayers became a reality and they are still in shock at the audacity of hope that this huge project will become a reality. Congrats to the vision bearer, Alhaji Aliko Dangote, GCON, President Buhari, President Bola Ahmed Tinubu and other patriotic Nigerians. God bless Nigeria for ever! Check my signature for free stuffs! 38 Likes 7 Shares |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by umea: 8:10am On Jan 02 |
Can't wait for Dangote first product to hit the market 17 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by omoadeleye(m): 8:50am On Jan 02 |
When are they selling? Na delivery we are just seeing 19 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by AmazingELixir: 8:50am On Jan 02 |
![]() Na wao oo...when shall we start seeing the refined products from these deliveries nau...fuel price is still soaring oo. 7 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by datola: 8:50am On Jan 02 |
Dear God, help Nigeria to experience a great positive change this year. Dangote Refinery and others across the country will be successful! 43 Likes 3 Shares |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by obicoolnino: 8:50am On Jan 02 |
W |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by superCleanworks(m): 8:51am On Jan 02 |
okay. till we start feeling the effects in the streets in terms of price reduction, still watching. 8 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Judolisco(m): 8:51am On Jan 02 |
Nice one Some people no go still happy with dis news... Good news dey vex dem 18 Likes 4 Shares
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Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by money121(m): 8:51am On Jan 02 |
Ok |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Nonny95: 8:51am On Jan 02 |
FREESTUFFNG the propaganda parrot 19 Likes 5 Shares |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Burgcudi(m): 8:53am On Jan 02 |
Will gas cheap ? |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by victorDanladi: 8:53am On Jan 02 |
NDI till effect is felt on price of PMS MISCREANTS, YOUR FOOD IS READY. TO CURE YOUR IGNORANCE,NO TEST RUNNING WILL START UNTILL HE RECEIVES 6 million barrels!.....THAT IS THE STANDARD 9 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by SoNature(m): 8:53am On Jan 02 |
Why do they bore us with this news all the time? It's not as though the refinery refines PMS yet. 3 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by tetralogyfallot(m): 8:53am On Jan 02 |
Alhamdulillah 2 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by broadman20: 8:54am On Jan 02 |
Just like they told us last year about NNPC and petrol refining in December. Just few months time we will know if true or false. 2 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Chaolin: 8:54am On Jan 02 |
NNPC are only delivering when will dangote refinery deliver to Nigeria 1 Like |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Ikaeniyan0: 8:57am On Jan 02 |
Chaolin:When he finish getting the crude oil he needs. He's expecting two more ships to deliver 2 million barrels of crude oil. 9 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Gredefiji: 8:59am On Jan 02 |
![]() Judolisco: 2 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by BarrElChapo(m): 9:00am On Jan 02 |
Someone I know who works there was telling me yesterday that the refinery is still under construction, saying the refinery will start working optimally in 2025 and that the Indians who are the managers are hoarding information from the Nigerians I was flabbergasted 😭 10 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Chesster: 9:00am On Jan 02 |
While this is commendable... A refinery that can process 650,000bpd will need a stock of at least 1 million barrels of crude delivered every 2 days.. it took NNPC weeks to deliver this.. Anyways their license is around 300,000bpd..all we are waiting for is for the refinery to begin selling products 3 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by bjdon: 9:01am On Jan 02 |
Story Story. They should stop disturbing us with all this propaganda. Anyone can store crude oil in tanks. The only announcement they should make is when production of refined products has commenced,and when said products will be delivered to the market. 4 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by adioolayi(m): 9:01am On Jan 02 |
Our hopes are high... God bless Nigeria 2 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Kaa4(m): 9:02am On Jan 02 |
The issue here is the end-product form the refinery. How would this affect the market? Will this reduce the price of the product? The price of the products is the cheapest in the world market (going by the exchange rate). The second issue is that Dangote is avoiding the PMS market (but rather DPK, and other unregulated products) because the political and economy implications of the business and profitability is too difficult to input the productions profits. So smuggling continues and cannot be stopped. The solution to all these is the improvement in the wages of the worker. It is important to give the worker a living wage because it is important to ensure an effective demand and empower the population and demand for ensure industries remain operational. The fear of inflation is a big issue. God help us. |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Faiththatworks(m): 9:03am On Jan 02 |
God bless Dangote God bless Baba Buhari God bless Emefiele God bless Lagos State God bless Nigeria. Let me start 2024 with prayers for My country. Alhaji Dangote will continue to soar in every area of his life,this Refinery is not a game changer,but a life saver to Nigeria and West Africa. Like someone said in another thread, Asiwaju is the luckiest President ever to rule Nigeria,but it's not always about luck,it's about planning, determination and Persistence. Although many people may not be too happy with Mr Emefiele but his persistence and the backing he gave the Refinery will be appreciated in a few years from now. I always wondered what would have happened to Nigeria if there was no Dangote Refinery and we continued importing fuel again in 2024, Seriously Nigeria would have sunk into a black hole. I'm sure the citizens would have rebelled this year against the hardship if we had continue to import all our fuel. Dangote Refinery is a life saver,not only will it address all our fuel demands as a nation,but the foreign exchange it will save us a country is unimaginable, that's why I'm sure Nigeria will certainly get cooler in 2024 according to Daddy GO of RCCG. I keep ringing the bell everytime I comment, Ibeju-lekki and Ogun waterside local Government are about to explode in Investment in 2024,only the wise will understand. Someone asked the other day,what Investment will come to these areas and I shudder at some people's ignorance. Joey Zaza company already has a factory positioned very close to the Refinery blending Engine oil,Even a governor from one of the Eastern state has a functional Depot already selling petrol. That's just a tip of what's coming. There will be schools, hospitals, relaxation spots, polyurethane companies,plastic companies,Fuel stations, pharmaceutical companies,banks and many more which will start opening factories or branches because of the Refinery. A word is enough for any eagle-eyed investor. Check my signature if you desire to invest in Properties around the Refinery. God bless Nigeria. 4 Likes |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by CodeTemplar: 9:04am On Jan 02 |
NNPCL has used future crude to collaterize loans or should I say taken crude sales payment in advanced. At a time we need to earn and repay with crude, selling Dangote crude is hard. 1 Like |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by ekhai(m): 9:06am On Jan 02 |
datola:AMEN. IT SHALL BE WELL WITH US. AM VERY SURE THINGS WILL GET BETTER. BUT WE MUST WATCH OUT FOR LOOTERS. 3 Likes 1 Share |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by Kenochi(m): 9:07am On Jan 02 |
Hi |
Re: NNPCL Delivers Fourth 1 Million Barrel Tranche Of Crude Oil To Dangote Refinery by AmazingELixir: 9:07am On Jan 02 |
FreeStuffsNG: ![]() By implication you're saying at an annual revenue of $27 billion, in one year the CAPEX would have been recovered. This is massive, the investment is a humongous cash cow. Meanwhile Op hope you're in no infringement for using Obama's coinage in your write-up ![]() 2 Likes |
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