This decision to commence oil exploration follows two months of crude supply dispute between Dangote and Nigerian authorities.
Pulse NigeriaS&P Global Commodity Insights, released a report, highlighting Dangote's objective to begin oil production by 2025, at its two oil properties in the southern state of Delta in Nigeria.
“Yes, I saw the S&P report; our company is truly going to start crude oil production to support the refinery, but it is going to start in the first quarter of 2025,” the senior official relayed.
Dangote's crude sagaADVERTISEMENTThe distribution of refined petrol from the Dangote refinery, has been subject to several delays, owing to an intense debacle between the refinery and the government, concerning the sale of crude.
At the time, the Dangote refinery was forced to purchase oil from the international market, including Brazil and the United States at a very expensive rate...
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