Energy

Dangote Refinery Denies Reports of Operational Shutdown

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By Adenike Lawal

Dangote Petroleum Refinery has dismissed reports suggesting it has shut down operations, describing the claims as false and misleading.
In a statement on Monday, the company said production activities at the refinery remain stable and uninterrupted.
It disclosed that the refinery is currently supplying between 40 million and 50 million litres of Premium Motor Spirit, PMS, daily, a level expected to be sustained through January and February, subject to market demand.
The refinery added that on January 4, it produced 50 million litres of PMS, with 48 million litres evacuated, noting that existing stock can cover over 20 days of national fuel consumption.
Addressing concerns about maintenance, the company said routine servicing on some units has not affected output, stressing that the production of PMS, diesel and Jet A 1 fuel continues normally.
Dangote Refinery also reaffirmed its ex gantry price of N699 per litre, stating that its products remain available to all marketers and bulk buyers on equal terms.

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