NNPC, Dangote Refinery and Naira

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. The original six-month agreement,
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 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: 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.
NNPC suspends naira-for-crude deal for Dangote, others
The Nigerian National Petroleum Company (NNPC) Limited has suspended the naira-for-crude oil swap deal with domestic refiners, including Dangote Refinery and other private operators. The decision, which took immediate effect, has sparked discussions about its implications for Nigeria’s energy sector and the broader economy.
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,
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,
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.
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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.
Rigzone1d
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.
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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 ...
SweetCrude Reports on MSN1d
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.
Rigzone3d
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 ...
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Marketers Not Happy With NNPC, Dangote's Sudden Fuel Price Reduction to N860 per Litre, Give Reasons
Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has sent a message to NNPC limited and also Dangote ...
Tribune Online on MSN2d
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 ...