Oil Producers Divert 500,000bpd Local Refineries’ Crude Oil Allocation – Marketers

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns, alleging that oil producers are diverting 500,000 barrels per day (bpd) of crude oil intended for local refineries. This claim was made public on Wednesday, amid ongoing discussions about the challenges facing Nigeria’s refining sector. The association’s publicity secretary, Joseph Obele, [...]

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