{"id":251852,"date":"2024-07-23T12:33:24","date_gmt":"2024-07-23T10:33:24","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=251852"},"modified":"2024-07-24T12:43:27","modified_gmt":"2024-07-24T10:43:27","slug":"dangote-refinery-in-nigeria-in-talks-with-libya-to-secure-oil","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/dangote-refinery-in-nigeria-in-talks-with-libya-to-secure-oil\/","title":{"rendered":"Dangote Refinery in Nigeria in Talks with Libya to Secure Oil"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The \u201cTHE TIMES OF INDIA\u201d newspaper reported, citing a senior executive at the Dangote Refinery in Nigeria, that they are in talks with Libya to secure crude oil for the refinery, which has a capacity of 650,000 barrels per day. The refinery will also seek to obtain oil from Angola as it strives to overcome local supply issues.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The newspaper added that the $20 billion refinery, built by Africa&#8217;s richest man, Dangote, on the outskirts of Lagos, is the largest in Africa. It aims to end Nigeria\u2019s reliance on imported fuel due to inadequate refining capacity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The newspaper noted that since Dangote Refinery began operations in January, it has been unable to secure adequate crude supplies in Nigeria. Despite being Africa\u2019s largest oil producer, Nigeria suffers from theft, pipeline vandalism, and low investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Devakumar Edwin, the executive director of Dangote Refinery, said, &#8220;We are talking with Libya regarding crude imports, and we will also talk with Angola and some other African countries.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the newspaper, the minister declined to provide details about the talks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He continued by saying that international traders and oil companies are among the biggest buyers of natural gas produced by Dangote, much of which is exported.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The \u201cTHE TIMES OF INDIA\u201d newspaper reported, citing a senior executive at the Dangote Refinery in Nigeria, that they are in talks with Libya to secure crude oil for the refinery, which has a capacity of 650,000 barrels per day. The refinery will also seek to obtain oil from Angola as it strives to overcome [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":251854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[613,614,616],"class_list":["post-251852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya","tag-oil","tag-refinery"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dangote Refinery in Nigeria in Talks with Libya to Secure Oil - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/dangote-refinery-in-nigeria-in-talks-with-libya-to-secure-oil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dangote Refinery in Nigeria in Talks with Libya to Secure Oil - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"The \u201cTHE TIMES OF INDIA\u201d newspaper reported, citing a senior executive at the Dangote Refinery in Nigeria, that they are in talks with Libya to secure crude oil for the refinery, which has a capacity of 650,000 barrels per day. 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