There is anxiety in Nigeria’s downstream oil sector as indication emerged on Wednesday of Dangote Refinery’s plan to halt supply of petroleum products loading for the Nigerian market.
This comes as renegotiation of the naira-for-crude deal is not recording significant progress.
Meanwhile, sources familiar with the matter said the refinery will continue to load for export as it currently sources all its crude stock from the international market in dollars.
However,…
Read the full article here