Oil & Gas
DANGOTE Refinery has dismissed the allegation of selling Premium Motor Spirit, PMS, also known as petrol at between N1, 015 and N1, 028/litre, as fake news.
Oil marketers, yesterday, said the price of petrol, produced by the Dangote Petroleum Refinery stood between N1, 015 and N1, 028/litre, adding that it would be reasonable to import the product from the international market as the landing cost stood at N978.01/litre as of October 31, 2024.
Dangote Refinery has dismissed the allegation of selling Premium Motor Spirit, PMS, also known as petrol at between N1, 015 and N1, 028/litre, as fake news.
Oil marketers, yesterday, said the price of petrol, produced by the Dangote Petroleum Refinery stood between N1, 015 and N1, 028/litre, adding that it would be reasonable to import the product from the international market as the landing cost stood at N978.01/litre as of October 31, 2024.
However, the Publicity Secretary of Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Dr Joseph Obele, said Dangote petrol might be higher because the refinery was processing imported crude oil. – vanguard
A.I
Nov. 2, 2024
Tags: Dangote refinery
