Dangote refinery disputes seven cargo allocation reports

Officials of the Dangote Petroleum Refinery are unaware of claims that seven crude cargoes have been allocated to it in May by the Nigerian National Petroleum Company Limited, The PUNCH reports.

Senior officials at the refinery told our correspondent that, although talks were ongoing with the NNPC, they could not confirm an increase in the refinery’s monthly crude allocation from five to seven cargoes.

There were reports that the NNPC had increased crude oil supply to the Dangote refinery, allocating seven cargoes for May loading to boost domestic fuel production.

Two trader sources had told Reuters on Tuesday that the latest allocation marked an increase from the five cargoes the refinery had been receiving in previous months.

But speaking exclusively with our correspondent on Thursday, officials of the Dangote Group, who requested anonymity due to a lack of authorisation, said they had not yet been informed of the decision.

According to them, the refinery is expected to receive six cargoes of crude in May, contrary to reports that seven cargoes were allocated for next month.

“Our May allocation is about 6.15 million barrels. The report of seven cargoes’ allocation is not clear yet,” one of the officials stated.