Why IOCs can’t allocate enough crude to refiners – FG

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed the reason why International Oil Companies are finding it difficult to allocate crude to domestic refiners, including the Dangote Petroleum Refinery under the Domestic Crude Oil Supply Obligation framework. He said a pre-production agreement signed by most IOCs to secure offtake of

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