Crude Oil Challenges in Nigeria May Lead to Importation for Refineries in 2024
Nigerian Refineries Face Crude Oil Importation In a significant development for the Nigerian oil industry, the Nigerian National Petroleum Company Limited (NNPCL) is considering the importation of 110,000 barrels of crude oil per day from Venezuela or Saudi Arabia to operate the upcoming Kaduna Refinery, scheduled to begin operations next year. This move reflects the…