No guarantee of lower fuel prices — NNPCL

We’re not sole offtaker, market open to lower prices from any domestic refinery

No guarantee of lower fuel prices — NNPCL …C0NTINUE READING HERE >>>

The Nigeria National Petroleum Company Ltd (NNPCL) said that the start of petrol lifting from the Dangote Refinery does not guarantee a reduction in fuel prices.

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According to Olufemi Soneye, the Chief Corporate Communications Officer for NNPCL, started that global market forces influence the pricing of petroleum products from any refinery, including Dangote Refinery Ltd.

Soneye emphasized that domestic refining of petrol does not necessarily lead to lower prices. He…

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