As a result of regulatory, security, and environmental issues, investments in Nigeria’s oil and gas industry have slowed over the past few years, leading to a drop in oil production
Already, traders familiar with the matter disclosed that Trafigura Group has sold two million barrels of WTI Midland to the Dangote refinery for delivery by the end of February 2024.
Nigeria: $20bn Dangote Refinery to Import Crude Oil From United States allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
About a month ago, Dangote Refinery received the first one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited, STASCO, one of the largest trading companies in Nigeria as well as globally, trading in over 8 million barrels of crude oil per day.