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JUST IN: Dangote Accuses IOCs Of Manipulating Crude Oil Prices And Frustrating Refinery

Dangote Industries Limited (DIL), has accused international oil companies (IOCs), in Nigeria of sabotaging the survival of Dangote Oil Refinery and Petrochemicals.

Gatekeepers News reports that the vice president, of oil and gas, Devakumar Edwin made the accusation on behalf of the company.

According to Edwin, IOCs are deliberately and wilfully frustrating the refinery’s efforts to buy local crude by increasing high premium prices above the market price, forcing it to import crude from countries as far as United States, which costs higher.

This is a developing news….

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