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Nigeria’s state oil company plans to partner with the huge private refinery under construction on the shores of Lagos to turn the oil-producing nation into a fuel supplier for the region, the new head said in an interview with Reuters. The aim to ink a contract with the Dangote refinery, with a capacity of 650,000 barrels per day (bpd), is part of new managing director Mele Kolo Kyari’s blueprint for transforming the Nigerian National Petroleum Corporation (NNPC) into a world-class state oil company. The refinery, being built by billionaire Aliko Dangote, is set to be Africa’s largest. Kyari, who also intends to push for more transparency, said NNPC wants to be a “supplier of first resort” for the Dangote refinery. “Ultimately, it will be a contract to supply crude,” he said.
Nigeria’s state oil company plans to partner with the huge private refinery under construction on the shores of Lagos to turn the oil-producing nation into a fuel supplier for the region, the new head said in an interview with Reuters. The aim to ink a contract with the Dangote refinery, with a capacity of 650,000 barrels per day (bpd), is part of new managing director Mele Kolo Kyari’s blueprint for transforming the Nigerian National Petroleum Corporation (NNPC) into a world-class state oil company. The refinery, being built by billionaire Aliko Dangote, is set to be Africa’s largest. Kyari, who also intends to push for more transparency, said NNPC wants to be a “supplier of first resort” for the Dangote refinery. “Ultimately, it will be a contract to supply crude,” he said.



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