Petroleum Minister Meets NNPCL, Dangote, Others Amid Industry Tensions

The Minister of State Petroleum Resources (Oil) Heineken Lokpobiri has on Monday meet with the Chairman and CEO of Dangote Group Aliko Dangote over issues surrounding the Dangote Refinery.

Eko Hot Blog reports that the meeting had in attendance NNPCL group CEO Mele Kyari, Farouk Ahmed, CEO of Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to ‘resolve ongoing issues’.

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In a statement by the Special Adviser Media and Communication to the minister Nneamaka Okafor, those who attended the meeting include the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed; the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe and the Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL) Mele Kyari.

Petroleum Minister Heineken Lokpobiri in a n handshake with Chairman Dangote Group of companies, Alhaji Aliko Dangote

They all thanked the minister for his leadership and intervention in a bid to resolve the issues.

“The meeting focused on finding a sustainable and lasting solution to the current impasse affecting the Dangote Refinery, with all parties demonstrating a commitment to collaborative and proactive problem-solving,” the statement read.

Lokpobiri at the meeting restated the importance of cooperation among stakeholders to ensure the success of the oil and gas sector which he said is critical to Nigeria’s economic growth and energy security.

“This meeting marks a significant step towards resolving the challenges and underscores the Minister’s dedication to fostering a conducive environment for Nigeria’s oil and gas sector,” the minister’s aide said.

Petroleum Minister Heineken Lokpobiri, NNPCL Group CEO Mele Kyari, Aliko Dangote And others during the meeting

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Dangote refinery have been embroiled in a dispute that began recently.

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On July 18, Farouk Ahmed, the chief executive officer of NMDPRA had said local refineries, including the Dangote refinery, were producing inferior products compared to the ones imported into the country.

The oil regulator also accused Dangote of monopoly claims. However, the billionaire has denied these allegations.

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