{"id":137361,"date":"2024-11-07T16:50:38","date_gmt":"2024-11-07T15:50:38","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil"},"modified":"2024-11-07T17:42:36","modified_gmt":"2024-11-07T16:42:36","slug":"we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil","title":{"rendered":"We support deregulation but not importation of off-spec products \u2013 Dangote to Pinnacle Oil"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Dangote Petroleum Refinery and Petrochemicals has said though it supports deregulation of the market, importing off-spec petroleum products into the country should be discouraged.<\/p>\n

The refinery stated this in a statement on Tuesday while responding to remarks by the CEO of Pinnacle Oil and Gas Limited, Robert Dickerman.<\/p>\n

The Pinnacle CEO had framed the alleged importation of off-spec products within the context of a \u201cderegulated commodity market.\u201d<\/p>\n

But Dangote refinery said deregulation should not be used as justification to import substandard products.<\/p>\n

The refinery stated that Dickerman\u2019s argument for a deregulated market could threaten the integrity of the country\u2019s energy sector.<\/p>\n

Part of the statement reads, \u201cThe Dangote Petroleum Refinery and Petrochemicals Company has long been an advocate for deregulation and industrialization in Nigeria, but our support is rooted in a commitment to the sustainable growth of the country\u2019s economy and the protection of its people from any exploitation.<\/p>\n

\u201cUnlike Dickerman\u2019s view, deregulation should not be a licence for the importation and distribution of off-spec products or subversion of national interests.\u2019\u2019<\/p>\n

The statement further said that it is perplexing that despite his experience in the U.S. market, Dickerman, was advocating the \u201cimportation and blending of petroleum products to Nigeria under the claim of deregulation and a free market.\u201d<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Dangote Petroleum Refinery and Petrochemicals has said though it supports deregulation of the market, importing off-spec petroleum products into the country should be discouraged. The refinery stated this in a statement on Tuesday while responding to remarks by the CEO of Pinnacle Oil and Gas Limited, Robert Dickerman. The Pinnacle CEO had […]<\/p>\n","protected":false},"author":84,"featured_media":137360,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1233,254,15275],"class_list":["post-137361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-dangote","tag-nigeria","tag-pinnacle-oil"],"yoast_head":"\nWe support deregulation but not importation of off-spec products \u2013 Dangote to Pinnacle Oil - Nigeria<\/title>\n<meta name=\"description\" content=\"Dangote Petroleum Refinery and Petrochemicals has said though it supports deregulation of the market, importing off-spec ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We support deregulation but not importation of off-spec products \u2013 Dangote to Pinnacle Oil\" \/>\n<meta property=\"og:description\" content=\"Dangote Petroleum Refinery and Petrochemicals has said though it supports deregulation of the market, importing off-spec ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-07T15:50:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T16:42:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1730985119.065758.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"We support deregulation but not importation of off-spec products \u2013 Dangote to Pinnacle Oil\",\"datePublished\":\"2024-11-07T15:50:38+00:00\",\"dateModified\":\"2024-11-07T16:42:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\"},\"wordCount\":238,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/11\/sm_1730985119.065758.jpg\",\"keywords\":[\"Dangote\",\"Nigeria\",\"Pinnacle Oil\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/we-support-deregulation-but-not-importation-of-off-spec-products-dangote-to-pinnacle-oil\",\"name\":\"We support deregulation but not importation of off-spec products \u2013 Dangote to Pinnacle Oil - 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