Shell has restarted crude oil deliveries from its Nigerian terminal to one of the country's state-owned refineries, which is expected to resume operations this quarter after refurbishment
Shell has restarted crude oil deliveries from its Nigerian terminal to one of the country’s state-owned refineries, which is expected to resume operations this quarter after refurbishment. Shell Nigeria delivered 475,000 barrels of crude oil from its Bonny export terminal to the Port Harcourt refinery in January, Shell’s Bonny oil terminal manager Osita Nnajiofor told Reuters in an emailed statement on Friday.
Nigeria’s domestic fuel industry received a boost from the private sector earlier this year, when the Dangote Refinery, Africa’s biggest, launched production of fuels in January. The refinery, owned by the Dangote Group of Africa’s richest man, Aliko Dangote, finally saw its start-up after years of delays. The refinery with a capacity of 650,000 bpd will meet 100% of Nigeria’s demand for all refined petroleum products and will also have a surplus of each of the products for export.