NNPC, Dangote refinery and Naira

NNPC’s Dangote refinery to extend crude supply deal
Nigeria's state oil company, NNPC, has initiated talks with Dangote Oil Refinery to extend their existing supply contract for naira-based crude oil. The original six-month agreement, set to conclude this month,
NNPC, Dangote, Naira-for-Crude Deal and other Matters
By Simbo OlorunfemiIt has to be that there are people out there who are so heavily invested in ensuring friction between NNPC Limited and Dangote Refinery that, at every turn, they must find a way to pull the trigger on one narrative or the other to push the two into knocking heads in the public space.
NNPC Clarifies: Naira-for-Crude Deal with Dangote Refinery Not Terminated, New Agreement Under Negotiation
The Nigerian National Petroleum Company (NNPC) Limited has announced ongoing negotiations for a new naira-for-crude agreement with Dangote Petroleum Refinery, clarifying recent reports regarding the discontinuation of the existing deal.
NNPC Begins New Negotiations With Dangote Refinery, Clarifies End of Naira for Crude Oil Deal
The Nigerian National Petroleum Company Limited has provided clarification to its naira to crude swap agreement with Dangote refinery and other local refineries.
NNPC: Discussions Ongoing to Renew Naira-for-Crude Deal with Dangote Refinery
NNPC has clarified that its naira-for-crude contract with Dangote Refinery was a six-month agreement to expire in March 2025.
NNPC, Dangote refinery negotiating new naira-for-crude deal
The Nigerian National Petroleum Company (NNPC) Limited says negotiation is ongoing for a new naira-for-crude deal with Dangote Petroleum Refinery.
Nigeria's NNPC, Dangote Refinery in talks to extend naira-based crude supply deal
Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying crude oil in the naira currency, the company said.
How oil loans are disrupting Nigeria’s Naira-for-crude deal
However, oil-backed loan obligations are now limiting the crude available for local refineries. The Nigerian National Petroleum Company (NNPC) has tied up a significant portion of its crude output in loan agreements,
Oil marketers beg FCCPC, NMDPRA to stop Dangote Refinery, NNPCL from slashing fuel prices
The marketers explained that the sudden price cuts from big players like the NNPCL and Dangote Petroleum Refinery is harmful to the small players in the industry.
Naira-for-crude deal: NNPCL warned against sabotaging local refineries
The Nigerian National Petroleum Company Limited, NNPCL, has been warned against sabotaging the operations of local refineries. A political pressure group, the Conference of Progressive Nigerians, CPN,
NNPC Speaks On Naira Crude Contract With Dangote Refinery
Mr Soneye said discussions are ongoing towards emplacing a new contract.The Nigerian National Petroleum Company Limited (NNPC Ltd) has addressed reports alleging unilateral termination of the crude oil sales agreement in Naira between NNPC and Dangote Refinery.
Legit.ng on MSN5h
See more as NNPC opens new filling stations in 3 states, releases locations
Limited's retail division has announced new stations in the states amid ongoing price competition with Dangote.
Rigzone6h
FIRST-NNPC JV Confirms Significant Hydrocarbon Discovery
Preliminary analysis indicates substantial oil and gas volumes', a statement posted on FIRST E&P's website said.
SweetCrude Reports on MSN16h
NNPC: Nigeria Attracted $17bn in FDI After Petroleum Industry Act, Regulatory Reforms
ENNPC has said Nigeria secured $17bn in FDI post-PIA passage, urging more investment in the oil and gas sector.
Leadership1d
Regulatory Reforms Boost $17bn FDI To Nigeria In 2024 – NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the ...
Rigzone2d
NNPC JV Bags 20-Year Contract to Supply Gas to Ssonic LNG Plant
Ssonic Petroleum Ltd. has awarded a 20-year contract to a joint venture (JV) of Nigeria National Petroleum Co. Ltd. for the ...
Tribune Online on MSN1d
Revive vandalised Ore depot, Reps task NNPC
The House of Representatives has urged the Nigerian National Petroleum Corporation Limited (NNPCL) to prioritise the rehabilitation of the vandalised pipelines linking Ore depot in Ondo state for ...
Legit.ng on MSN4d
NNPC Discovers New Oil Well in Nigeria, Speaks on Plan to Boost Production
A major hydrocarbon discovery has been made in the Songhai Field by the Joint Venture of NNPC Limited and FIRST Exploration & ...