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NNPC Ltd Delivers 10 Crude Cargoes at Dangote Refinery for March

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The Nigerian National Petroleum Company (NNPC Ltd) supplied 10 crude oil cargoes to the Dangote Petroleum Refinery and Petrochemicals Limited (DPRP) in March, marking a significant step in ramping up operations at Africa’s largest oil processing facility.

Bloomberg reports that president of Dangote Group, Aliko Dangote, who controls the continent’s largest crude processing plant, confirmed this to reporters at a briefing on Monday.

Nigeria doubled crude supply to Dangote Refinery in March as Africa’s top oil producer moved to shore up fuel availability after the Iran war disrupted Middle East shipments.

“Last month, they gave us six cargoes for naira and four cargoes for dollars,” Dangote said.

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The increased supply underscores Nigeria’s push to secure domestic fuel availability after the US-Israel attack on Iran disrupted global supply chains. At full capacity, the Dangote refinery can meet domestic demand and have enough to export.

The facility had been receiving an average of five cargoes a month since October 2024, when the NNPC and Dangote signed a deal in which the state energy firm agreed to supply crude to the plant to be paid for in naira.

Still, the March shipments fall short of the 19 cargoes that Dangote Refinery says it needs to operate at full capacity. The company supplements the shortfall with imports of crude from the US and other African countries.

While supply from the NNPC has improved, Dangote said that volumes from international oil companies operating in Nigeria have not increased.

The overseas firms prefer selling crude to traders, Dangote said, which leads to the refinery repurchasing supplies from them at a higher cost.

“The higher we pay, the higher the cost of petroleum products will be, because we have to pass on the cost,” he said.

Many Africa nations have come to rely on the refinery for their petroleum products since the start of conflict in the Persian Gulf, Dangote said. In March, the refinery shipped about 17 cargoes to other African countries, he said.

The company is also supplying polypropylene, which is used in plastic packaging and automotive parts. The material “is in very high demand, but also very scarce because of what is happening in the Middle East,” Dangote said.

The tycoon is worth $32.5 billion, according to the Bloomberg Billionaires Index, making him Africa’s richest person.

Energy

Smart Filling Stations: NNPC Ltd Assuages Job-loss Worries

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Public concerns that the introduction of smart and self-service filling stations would lead to job losses in the downstream petroleum sector have been dismissed by the Nigerian National Petroleum Company Limited (NNPC Ltd).

According to the state oil major, the deployment of automated stations was part of efforts to improve efficiency and customer experience. It added that the technology would create new opportunities rather than simply eliminate existing jobs.

The NNPC Ltd also disclosed plans to transform about 900 of its existing retail outlets across the country into modern energy hubs, as it adapts its retail business to changing consumer needs and developments in the downstream sector.

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The disclosures were made in Abuja, during the commissioning of a 24-hour smart, self-service filling station at the headquarters of the Nigeria Immigration Service (NIS).

The Executive Director, Retail Operations and Mobility, NNPC Retail Limited, Shettima Kukawa, said the new model was designed to provide customers with faster, more convenient and technology-driven services.

Kukawa added that the transformation of the company’s retail outlets was not about simply replacing workers with machines, but about creating a modern retail environment capable of providing more services to customers.

He explained that the smart station allows motorists to purchase fuel through the NNPC fuel app, fund their digital wallets and dispense the exact quantity of fuel they have paid for using a self-service code.

The station has a storage capacity of 180,000 litres of Premium Motor Spirit (PMS) and 45,000 litres of Automotive Gas Oil (AGO), with 16 PMS pumps and two AGO pumps.

It also has a six-point electric vehicle (EV) charging facility and is primarily powered by a solar system with more than 200kWh capacity.

Managing Director, NNPC Retail Limited, Hubb Stokman, said the downstream industry was undergoing significant changes following fuel deregulation and the commencement of operations at the Dangote Refinery.

Stokman said consumers were also demanding more services at filling stations, pointing out that the traditional fuel-only model was no longer sufficient to meet their expectations.

“Today shows that the downstream industry is changing after the fuel deregulation and also the start-up of the Dangote Refinery. Our industry is rapidly changing, and I think that more than ever, we need to meet the needs of the Nigerian consumer and their wishes.

“They want to see more services, like a fast food restaurant, convenience shop, maybe a coffee shop, banks. They would like to have a lounge or car wash. All these things that you will see here,” he said.

Also speaking, the Executive Vice President, Downstream, NNPC Limited, Dr Mumuni Dagazau, said the company was moving beyond the traditional concept of a filling station by integrating technology and alternative energy solutions into its retail network.

He said the development represented the type of modern retail infrastructure that should be replicated across the country, stressing that Nigerians deserved improved quality and service.

“Our objective at NNPC is not simply to provide fuel, it is to provide reliable energy solutions and a better retail experience supported by technology and innovation.

“We deserve these sort of stations throughout this country. We need to move away from where we have been and deliver this sort of quality and the service to our people in the community,” Dagazau said.

On his part, the Comptroller-General of Nigeria Immigration Service, Kemi Nandap, commended NNPC Limited for integrating EV charging with conventional fuelling.

Represented by Saidu Daura, the Deputy Comptroller-General, Nandap said the development aligned with global trends in energy transition, climate action and smart mobility, describing it as a practical step towards a cleaner, more sustainable and technology-driven economy.

She said the shift to technologies such as electric mobility could create opportunities for investment, employment, skills transfer and industrial growth.

“Today’s commissioning goes beyond the opening of a service station. It is a statement of confidence in Nigeria’s future and a contribution to building a resilient, green, and technologically advanced nation,” she said.

Nandap called for stronger collaboration between government institutions, the private sector and other stakeholders to promote sustainable development and national progress.

The station operates round-the-clock and includes automated services designed to reduce waiting time and give motorists greater control over their transactions.

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Energy

Isa Chairs World Energy Council Nigeria

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Abdulrazaq Isa, co-founder of Waltersmith Petroman Oil Limited, has emerged as the chairman of the governing board of the Nigerian Member Committee of the World Energy Council (WEC).

The Board, inaugurated in Abuja on 7 August, is made up of nine members with a diversity of backgrounds, drawn from policy, academia, energy institutions and private enterprise.

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The Board membership consists, Dr Ainojie Alex Irune, 45-year-old, Managing Director of Oando Energy Resources and an Executive Director of Oando PLC. Bala Wunti, formerly Chief HSE Officer at NNPC Limited, serves as the committee’s chief executive, alongside Professor Wumi Iledare, Dr Mustapha Abdullahi, Mrs Aisha Farida Katagum, Dr Emmanuel Okon, Dr Victor Ekpenyong and Dr Imamuddeen Talba.

Irune’s inclusion is notable not primarily as an indication of generational change, but rather as a reflection of the extensive industry transformation evident within his comparatively early career. In many respects, his professional trajectory exemplifies the broader developments that have characterised the Nigerian energy industry over the past decade.

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Energy

Saudi Pipeline Disruption Pushes Nigeria’s Crude Beyond $115/barrel

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The attack on Saudi Arabia’s key crude oil pipeline, which led to closure and the disruption of a crucial route for avoiding the Strait of Hormuz during the US-Iran war, have pressured the global market into higher prices.

Consequently, the Nigerian oil and other major oil contracts moved northward and Brent gained as high as 3.7% to more than USD 108 a barrel.

Bonny Light traded above $115 per barrel over the weekend on macro energy strength/grand-dated Brent proxies. Light, sweet Nigerian grades maintain a healthy-to-positive quality premium over heavy/sour peers amid continued European and Mediterranean refinery appetite for low-sulfur yield.

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However, regional freight and prevailing prompt liquidity fluctuations impose a ceiling. Price metrics remain highly sensitive to macro geopolitical risk cues (Middle East supply concerns lift benchmark Brent into the $107/bbls territory).

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