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Nigeria's state-owned oil corporation, NNPC Ltd, is set to provide the recently established Dangote oil refinery with as many as six shipments of crude oil, Totaling 650,000 barrels per day, for the purpose of conducting test runs in December. This collaboration between NNPC and the Dangote refinery underlines a pivotal step in the refinery's progress towards full-scale operation. As the Dangote oil refinery seeks to refine its operational processes and prepare for its official launch, this strategic move facilitates the necessary trial and adjustment period. The Dangote oil refinery, which is financially backed by Aliko Dangote, the wealthiest individual in Africa, Stands poised to instigate a significant transformation in the dynamics of oil trading within the Atlantic Basin. This ambitious project represents a game-changer for the entire region, As it introduces a formidable refining facility that can meet a substantial portion of Africa's fuel demands domestically. Historically, the African continent has been reliant on imports of refined products from Europe and the United States, providing a lucrative market for fuels produced in these regions. However, with the imminent operational launch of the Dangote refinery, there is a palpable shift in the dynamics of the global energy market, As it threatens to reduce Africa's dependence on foreign fuel sources and alter the established trade routes, potentially impacting the economies of both Europe and the United States. ▬▬▬▬▬▬▬▬▬ ✅SUPPORT US /AFFILIATE LINKS Use this affiliate link for your purchases at #MIZIZI International - Support our channel - PayPal: newafricachannel(at) Follow us on Instagram - Follow us on Twitter - Join us on Facebook - ▬▬▬▬▬▬▬▬▬ ✅COPYRIGHT DISCLAIMER The New Africa Channel doesn't fully own some of the materials compiled in its videos. It belongs to people or organizations who ought to be respected. If used, it falls under the following provisions: Copyright disclaimer section 107 of the Copyright Act 1976. “Fair use“ is allowed for purposes such as criticism, comment, news reporting, teaching, scholarships, and research. ✅ If you are the owner of the materials used in this video, contact us, and we will follow your request immediately: info(at) ▬▬▬▬▬▬▬▬▬ ✅COMMENTING POLICY Keep your comments and posts appropriate, helpful, and relevant. Any offensive, disrespectful, harmful, threatening, vulgar, obscene, or inappropriate content will be removed immediately. Spamming, vandalizing, promoting, and advertising are also not allowed. While we encourage free speech and open discussion, attacking or harassing other users is not tolerated. Repeat violators of this policy will be reported and may face a ban. ▬▬▬▬▬▬▬▬▬ #AfricaNews #TopAfricaNews #News #NewsAfrica #AfricaNews
