The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) is also engaging with the refinery for product supply.
The Dangote Petroleum Refinery commenced the production of diesel and aviation fuel on January 12, 2024.
IPMAN’s president affirmed the refinery’s commitment to supply products to IPMAN’s 150,000 stations nationwide.
The Nigerian National Petroleum Company Limited’s (NNPC) $3.3 billion crude-for-cash loan from the African Export-Import Bank (Afreximbank) has sparked debate and raised questions about its long-term implications for the nation’s economy.
According to Ekpo, the government is planning to put in place laws that will allow smooth operations in the sector. “The government is working to establish laws that will guarantee transparency and even playing field for all players in the market,” he said.
He said the President Bola Tinubu-led administration remained committed to fostering an atmosphere that will support the expansion of the gas industry.
OPEC indicated it gets its crude oil production figures mainly from two sources, either as direct communication by member countries or by information released by secondary energy intelligence platforms.
