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The Dangote Refinery is facing a crude oil supply shortfall, receiving only half of the total cargoes it needs monthly to operate at full capacityA report claims the shortage is not due to a lack of crude oil in Nigeria but due to structural and governance issues within the supply systemData from the NMDRA shows crude deliveries to local refineries fell in May, raising concerns about fuel production and market stability
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Concerns are rising over the ability of the Dangote Petroleum Refinery to sustain its output targets as it continues to face a significant shortfall in crude oil deliveries.
The facility, valued at about $20 billion with a capacity of 700,000 barrels per day, is reportedly operating well below expectations due to inadequate feedstock supply.
Dangote Refinery Faces Crude Oil Shortfall as Fuel Price Relief Hangs
