West Africa Needs Own Fuel Price Benchmark, Says NMDPRA
- The Nigerian Midstream and Downstream Petroleum Regulatory Authority stated that West Africa needs its own fuel price benchmark to reflect local market conditions instead of relying on European and Mediterranean prices.
- Rabiu Umar, NMDPRA CEO, emphasized the necessity of basing regional pricing on West Africa's supply, demand, inventory, logistics, refining, and trading conditions to avoid irrelevant external influences.
16 Articles
16 Articles
West Africa needs own fuel price benchmark, says NMDPRA
NMDPRA advocates for West Africa to establish its own regional fuel price benchmark, independent of European crises, to reflect local market realities. Read More: https://punchng.com/west-africa-needs-own-fuel-price-benchmark-says-nmdpra/
FG backs West Africa petrol pricing benchmark
— S&P Global urges market participation By Obas Esiedesa, Abuja The Federal Government has backed the establishment of a regional petrol pricing benchmark for West Africa, saying the initiative would strengthen energy security, deepen cross-border trade and enable the region to determine the value of its refined petroleum products. The Minister of State for Petroleum […] The post FG backs West Africa petrol pricing benchmark appeared first on Va…
More than 100 Metro Petroleums raided nationwide
Metro Petroleum has been embroiled in a nationwide raid targeting the sale of illegal tobacco.
Dangote Refinery Leads West Africa Fuel Pricing Hub Push
The 650,000-barrels-per-day Dangote Refinery is pushing for the creation of a regional fuel pricing benchmark across West Africa. The post Dangote Refinery Leads Push for West African Fuel Pricing Hub appeared first on Business Elites Africa.
NMDPRA Tasks Investors, Regulators On Infrastructure For W/Africa Petroleum Trading Hub
NMDPRA tasks investors, regulators on infrastructure for W/Africa petroleum trading hub The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has called for increased investment in infrastructure, logistics and operational efficiency to position West Africa as a credible petroleum pricing and trading hub. News Agency of Nigeria
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