Lagos-based Dangote Refinery plans to purchase at least 24 million barrels of US crude oil over the next year as it increases its processing capabilities. The $20 billion refinery, established by Africa s richest man Aliko Dangote, has issued a term tender to buy two million barrels per month of West Texas Intermediate Midland crude

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Dangote Refinery has ramped up its stock of imported crude oil from the United States as a second cargo as a second shipment of US light sweet crude oil was headed to Nigeria on Friday for delivery to the refinery, according to a trader and ship tracking data. This is coming as indications emerged at the

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