Nigerian refiners blast IOCs over zero crude allocation, as FG plans sanction
[NigerianEye - Nigeria] - 10/02/2025
Nigerian crude oil refinery owners have tackled international oil companies and producers for zero crude allocation. This comes as the Nigerian Upstream Petroleum Regulatory Commission banned the export of crude meant for local refineries. Speaking on the development in a recent statement, the Crude Oil Refinery Owners Association of Nigeria’s publicity secretary, Eche Idoko, said that for several months, no allocation has been received under the Domestic Crude Oil Supply Obligation framework or through any other special arrangement. According to him, the zero allocation of crude has made (…)
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