Muhammad Basheer HotoroThe Nigerian Upstream Petroleum Regulatory Commission has disclosed that 11 crude oil cargoes offered to local refiners in a month were not taken up despite their repeated complaints about crude shortages.
The Chief Executive of NUPRC, Gbenga Komolafe, who was represented by an official of the commission, Boma Atiyegoba, made this known during a panel session at the Crude Oil Refinery-Owners Association of Nigeria summit held recently in Lagos.
According to Komolafe, while refiners had consistently raised concerns about the non-availability of feedstock for local processing, the commission’s records showed that crude oil was being made available under the Domestic Crude Supply Obligation.
The PUNCH recalls that the 650,000-capacity Dangote refinery has consistently decried the lack of enough crude supply to its plants. Officials of the refinery said the plant was increasingly depending on the United States to get feedstock.
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