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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon
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Abule-Ado Blast Triggered By Gas Explosion, Says NNPC



The Nigerian National Petroleum Corporation (NNPC) says that a gas explosion caused the blast which rocked Abule Ado area of Lagos State.

In a statement by the Group General Manager, Public Affairs Division, Dr Kennie Obateru, on Sunday, the blast occurred after a truck hit some gas cylinders stacked in a gas processing plant located near the corporation’s System 2B pipeline right of way.

He added that preliminary findings indicated that the impact of the explosion was huge that it led to the collapse of nearby houses and damaged some NNPC pipelines.

Dr Obateru said when the corporation heard about the explosion, it halted ongoing pumping operation on the Atlas Cove-Mosimi pipeline which was active at the time of the incident, while efforts are being made to curtail the fire.

The NNPC spokesman appealed to members of the public and residents of the affected communities to remain calm and assured that the temporary shutdown of the petroleum products pipeline would not affect the normal supply of products to Lagos and its environs.

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