Dangote Refinery has accused IOCs of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals

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Published (Updated) on Monday, June 24, 2024

MARKET NEWS — Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said the IOCs are deliberately and wilfully frustrating the refinery’s efforts to buy local crude by jerking up high premium price above the market price, thereby forcing it to import crude... businessday.ng

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