BusinessElitesAfrica
India’s state refiners are lining up fresh cargoes of Nigerian crude for September and October. At the same time, Dangote refinery in Lagos is importing sizable volumes of U.S. oil to run its units during ramp-up. It sounds like a contradiction, but there are clear commercial reasons on both sides and real implications for prices…
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India Buys More Nigerian Crude While Dangote Runs on U.S. Oil
Ukpono Nsima
10:22
India’s state refiners are lining up fresh cargoes of Nigerian crude for September and October. At the same time, Dangote refinery in Lagos is importing sizable volumes of U.S. oil to run its units during ramp-up. It sounds like a contradiction, but there are clear commercial reasons on both sides and real implications for prices…
