Dangote Refinery denies shutdown, affirms ex-depot fuel price at N850 per litre
By Jeph Ajobaju, Chief Copy Editor
Dangote Refinery has dismissed reports that it shut down operations and confirmed its gantry price of petrol remains at N850 per litre.
It affirmed at the weekend that the 650,000-barrel-per-day plant is stable, in full operation, and consistently supplies more than 40 million litres of fuel daily alongside steady volumes of diesel.
“The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has there been any suspension of truck loading activities,” a statement issued by the refinery said.
The refinery clarified that the intermittent sale of Residual Catalytic Oil (RCO) is part of normal business operations, often involving large parcel sales, which explains the recent fuel oil tender.
“As the world’s largest single-train petroleum refinery, the facility employs advanced predictive and preventive maintenance protocols to ensure uninterrupted operations. Routine maintenance activities are standard and do not impact the overall fuel supply.
“To those who believe this misinformation and anticipate a bullish market, we extend a challenge: We invite interested buyers to place immediate orders for up to 40 million litres of PMS daily and 15 million litres of AGO daily for the next 90 days.”
The Nigerian National Petroleum Company Limited (NNPC) on Friday raised its petrol price following an upward ex-depot price review by Dangote Refinery.
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