Local Refiners Unveil 10-Point Agenda, Call for End to Fuel Imports

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Local Refiners Unveil 10-Point Agenda, Call for End to Fuel Imports

LAGOS — The Crude Oil Refinery Owners Association of Nigeria (CORAN) has presented a 10-point agenda for the refining sector at the Nigeria Oil Refining Summit in Lagos. Chairman Momoh Jimah Oyarekhua called for the naira-for-crude scheme to be made permanent, a domestic crude pricing template, stronger enforcement of the obligation to supply crude to local refineries, and a gradual end to product imports. He said some domestic refineries still cannot obtain crude on commercially viable terms.

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