Eko Hot Blog reports that the Nigerian National Petroleum Company Limited (NNPCL) has crashed the depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N640 per litre to N630 per litre. The NNPCL has also disclosed plans to sell directly to independent marketers instead of first taking it to private depots so … Read more
Eko Hot Blog reports that the seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant. According to PUNCH, dealers under the aegis of the Major Oil Marketers Association of Nigeria confirmed on Sunday that with the registration, … Read more
Eko Hot Blog reports that the Dangote Petroleum Refinery company has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel. The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in … Read more