Mr Obegolu said, “As fuel is a critical input in production and transportation, the price spike will lead to a corresponding rise in operational expenses.’’
Mr Dapo said the development aligned with the company’s strategic vision of being a reliable global energy supplier.
NUPRC promises “continue to pursue its statutory mandate.”
NNPCL’s vice-president (downstream), Dapo Segun, disclosed this at a press conference at the NNPC towers in Abuja.
Chairman of the committee, Ahmed Wadada (SDP-Nasarawa West), stated while speaking to journalists in Abuja. He decried their attitude.
“For September, our requirement is 15 cargoes, of which NNPC allocated six,” the statement said.
In recent weeks, Dangote Industries Ltd has had its share of run-ins with the Nigerian government.
The Utapate crude oil blend commenced operations in July 2024 as its first cargo headed for Spain.
NUPRC has reported a fire incident on Akaso 4 Wellhead, operated by the NNPC 18 Operating Limited.
Some members of the House of Representatives have rallied support for Mele Kyari, NNPCL boss, over the committee’s ongoing probe of the firm.
