• About Us
  • Contact Us
  • Privacy & Policy
Wednesday, September 10, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Dangote Refinery Begins Production Trials Ahead of September Launch

Vincent Amadi by Vincent Amadi
August 23, 2024
in Economy
Reading Time: 4 mins read
A A
0
Dangote Refinery Begins Production Trials Ahead of September Launch
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


Oil marketers are waiting for the price release of premium motor spirit (commonly known as petrol) produced at the Dangote Oil Refinery as the refinery begins production trials of PMS ahead of its September launch.
According to Journalist report, Dangote refinery is currently testing petrol production, with full-scale operations expected in mid-September.
The paper cited a statement from oil industry monitor IIR Energy as saying the deadline could be extended further.
According to the report, IIR said in a note to clients that “it is possible that there could be further extensions”.
IIR Energy provides real-time supply-side global market intelligence to the commodity trading community. Dangote Refinery spokesman Anthony Chiejina has yet to respond to our correspondent’s request for comment on the matter on Thursday.
Meanwhile, members of the Association of Major Energy Marketers of Nigeria and the Association of Independent Petroleum Marketers of Nigeria said they are still waiting for prices for products from the $20 billion plant.
On August 20, Journalists reported that the Federal Government committee set up to ensure the implementation of the naira crude oil sales to local refineries had reached an agreement with Dangote Oil Refinery to introduce gasoline in September this year.


The report also stated that the Federal Government had announced that crude oil sales to Dangote Refinery and other local refineries would commence on October 1, 2024.
The Minister of Finance and Coordinating Minister for Economic Affairs, Wale Edun, disclosed this during a meeting with the implementation committee in Abuja. Also reported at the meeting was the Executive Director of the Federal Inland Revenue Service, Dr. Dominic Zack Adedeji, and chairman of the technical sub-committee, who said, “The first PMS delivery from Dangote is expected next month under existing agreements.”
IPMAN National Operations Manager, Mustapha Zarma, when asked if the price of PMS from the refinery has been disclosed to traders, said oil traders are still waiting for the price of a litre of petrol from the refinery.
“There is no cost yet. When the product is available, they will release the cost. But they are test-running the plants now,” Zarma explained.
He, however, noted that if the price were to match the actual market price, oil traders may not be able to buy petrol from the Dangote refinery, stressing that currently, the pump price of PMS is lower than the actual market price.
“Even if there is a price from the refinery, you cannot buy their product. At the prevailing retail price, you cannot buy their product. You can only buy it if they (Dangote) go into agreement with the government or unless the policy on petrol pricing changes,” Zarma explained.


The IPMAN official reiterated a recent revelation by the Nigerian National Petroleum Company that the pump price of petrol in Nigeria is far below the purchase cost of the commodity.
Zalma said Dangote would not sell the product below cost unless the government intervenes. The government, through the NNPC, is the sole importer of petrol into Nigeria and is responsible for subsidizing the cost of the product.
Dangote Group President Alhaji Aliko Dangote announced on May 18, 2024, that the refinery would start producing gasoline in June, adding that Nigeria would not have to reimport the product.
He said in June that due to some delays, the refinery would start supplying gasoline in July.
The July target was then postponed to August, and on August 20, the government announced that the plant would be released from PMS in September.
A MEMAN official said the refinery was taking its time to ensure that the product meets the country’s required specifications.
The official, who spoke to our correspondent confidentially as he was not authorized to speak on the matter, also explained what the trial run of PMS at the plant means.
He said, “Under normal circumstances, when you make your product, you are not making it in a bucket, you are making it to fill massive tanks. Because when you start selling, you are going to be selling in ships. So, you make several millions of litres and you keep blending and testing until it reaches the right specifications.
“It is like when you are cooking a soup, when you put salt, you taste it, when you put seasoning you taste and that is how you continue until you reach the right taste. It is the same thing when they continue to blend and blend until it reaches the required specification.
“You blend, you mix it and you test if it has the right specs; if it’s not, you mix some more and blend it; you adjust your refinery, blend it, and test it. You keep blending and testing until it reaches the right specification. When it reaches the right specification, then you push up.”

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

2 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

3 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

3 weeks ago
Rice farmers blame middlemen for continuous price hike
Economy

Rice farmers blame middlemen for continuous price hike

3 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Ex-NAPAC chairman to Natasha: Prove sexual harassment claim or resign from Senate
National

Senate Bars Natasha Akpoti from Resuming Despite Suspension Elapsing

14 hours ago
We need N3trn to complete NNPCL-funded road projects — Umahi
National

We need N3trn to complete NNPCL-funded road projects — Umahi

14 hours ago
FG, NUPENG, Dangote meeting ends in deadlock
National

NUPENG suspends strike as Dangote agrees to unionisation of workers

14 hours ago
2027: New applications for political parties’ registration now at 144 — INEC
National

INEC announces 3.5 million online pre-registration in ongoing CVR

2 days ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election
National

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

2 days ago
Tinubu may borrow from Moniepoint, Opay next – Dino Melaye
National

Tinubu may borrow from Moniepoint, Opay next – Dino Melaye

2 days ago

POLITICS

Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

14 hours ago
More governors set to defect to APC – Yilwatda

More governors set to defect to APC – Yilwatda

14 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

2 days ago
APC acting like terrorist organisation, says ADC over Lagos attack

APC acting like terrorist organisation, says ADC over Lagos attack

3 days ago
Breaking News: APC National Chairman Ganduje Resigns

Ganduje Denies Defection to ADC, Reaffirms APC Loyalty

3 days ago
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Nigeria slipping into full-blown dictatorship — PDP governors

5 days ago

YOUR ECONOMY

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

2 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

3 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

3 weeks ago
Rice farmers blame middlemen for continuous price hike
Economy

Rice farmers blame middlemen for continuous price hike

3 weeks ago
Naira appreciates against dollar on the weekend
Economy

Naira appreciates against dollar on the weekend

4 weeks ago
Largest shea butter refinery in Africa begins operation in Niger State
Economy

Largest shea butter refinery in Africa begins operation in Niger State

1 month ago

E & P

Lookman Wins Atalanta Player of the Month of September 2024
Sports

Siasia to Chelle: Rely on Lookman, Arokodare

by Steven Atogi
2 days ago
0

Former Nigeria coach, Samson Siasia has advised Super Eagles manager Eric Chelle to maximise Ademola Lookman’s set-piece ability and Tolu...

Chelsea Push £78m Fermin Lopez Transfer Bid

Chelsea Push £78m Fermin Lopez Transfer Bid

2 weeks ago
The Rise And Fall Of Sports Institute, Isaka

The Rise And Fall Of Sports Institute, Isaka

2 weeks ago
KTF Launches Free Youth Tennis Clinic in Port Harcourt

KTF Launches Free Youth Tennis Clinic in Port Harcourt

3 weeks ago
‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

4 weeks ago
NPFL Suspends S’Eagles Goalkeeper Over Betting Allegations

NPFL Suspends S’Eagles Goalkeeper Over Betting Allegations

1 month ago

YOUR THOUGHT & HISTORY

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
3 days ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
3 days ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 weeks ago
Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tammy Opoki
2 months ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
2 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Ex-NAPAC chairman to Natasha: Prove sexual harassment claim or resign from Senate

Senate Bars Natasha Akpoti from Resuming Despite Suspension Elapsing

September 10, 2025
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

September 10, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address