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Wednesday, February 5, 2025

Crude producers diverting 500,000bpd meant for local refineries, PETROAN alleges

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The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are diverting the daily 500,000 barrels of crude oil meant for local refineries. The association said this while commending the Nigerian Upstream Petroleum Regulatory Commission for banning the export of crude oil allocated to local refineries. PETROAN said the move is

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