• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    To Our Dedicated Readers…
    Experts Divulged African Nations should brace up for Digital Technology in the Education Sector to Expedite Africa’s Financial Growth and Quality Education
    The East Africa Device Assembly Kenya (EADAK) Sold 360,000 devices being Inaugurated on its Blast-off in October 2023
    ….as it strives to Exploit its Supplies of Fossil Fuels £19 Billion Gas Pipeline would pass…13 Countries
    In a Bid to Accelerate Green Energy Economy, Kenya Reveals a 10-year Implementation Plan
    African Leaders Lift-off African School of Governance…
    Zimbabwe in Alacrity to Participate in the Forthcoming Minerals Africa Summit in Cape Town South Africa
    Rwanda’s MPs in the Lower House started Nationwide Assessment on progress of the Agricultural Outreach season
    $2.8 Million has been Vitally signed by Grid Africa as an Equity Investment from Rifuwo Energy Partners
    The Elected African Table Tennis Federation Executive Council Agreed on a Memorandum of Understanding with Ethiopian Airlines

    Investing in timely Market for African Crude Oil 1.7 Million Barrels Per Day would be utilized in this year by Dangote Refinery and Ten African Refineries in the African Landmass

    Posted On 02 Jan 2023
    By : New Africa Business News, Staff Correspondent
    Comments: 14

    By Abdul Rahman Bangura-

    Photo Credit: La Croix

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The cost of crude oil sanded bigger on Monday January 02, 2022, as China began again to open up after the Novel Corona Virus (COVID-19) while Russia inferred at a generation cut amidst winter storm across North America.

    The 1.7 million bpd is anticipated to be depleted by refineries on the mainland could be to change the narratives in storms,(160, 000 bpd), Assiut Hydrocracker (90,000 bpd) and Hassi Messaoud Refinery in Algeria (100,000 bpd).

    Others are South Africa’ Astron Restart (100, 000 bpd), Cabinda Refinery of Angola, (60,000 bpd), and Ghana’s Sentuo refinery (120, 000).

    The development arrives as the Nigerian Oil and Gas Suppliers Association (NOGASA) petroleum refineries in the nation, particularly the Port Harcourt Refinery Company (PHRC), is slated to commence refining crude oil last December.

    NOGASA President, Benneth Korie and the Minister of State for Petroleum Resources, Timipre Sylva, have verified the timeline.

    Korie said the resumption of domestic refining will alleviate the problem of Premium Motor Spirit (PMS) petrol shortage and soaring prices, Korie asserted.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    In Improving Africa’s Digital Payments Ecosystem via Stakeholders and Partners Interswitch breaks down the First breakfast Session in Sierra Leone

    Next Story

    Sh650 Billion have been conserved by the Administration of Tanzania for the 4th and 5th Phase of Tanzania’s Bus Rapid Trust Network

    14 Comments

    1. Ella January 2, 2023 at 4:48 am Reply

      Happy new year to your group of journalists and audiences. Ella in Asmara, Eritrea

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Poloko January 2, 2023 at 4:51 am Reply

      Thank you very much as always for covering Afrika. Happy New Year. Poloko in Gaborone BOTSWANA

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Maria January 2, 2023 at 4:53 am Reply

      Happy 2023. Thank you for the news. Beira in Mozambique. Maria

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Abez January 2, 2023 at 4:55 am Reply

      Another new year. Happy happy new year. Addis Ababa in Ethiopia. Abez

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:06 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Kenneth January 2, 2023 at 4:57 am Reply

      Thank you for the newsletters. And happy 2023. Nairobi in Kenya. Kenneth

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:05 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Fatiha January 2, 2023 at 4:59 am Reply

      Wishing you all happy 2023. Rabat in Morocco. Fatiha

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:05 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Bishop January 2, 2023 at 5:02 am Reply

      Thank you, Journalist Bangura and your teams. Happy 2023. Thank you for covering the continent we all love dearly. Long live Mama Afrika. Kigali Rwanda. Bishop

      • New Africa Business News, Staff Correspondent January 2, 2023 at 5:05 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    To Our Dedicated Readers...

    Posted On 04 Nov 2024

    Experts Divulged African Nations should brace up for Digital Technology in the Education Sector to Expedite Africa’s Financial Growth and Quality Education

    Posted On 04 Nov 2024

    The East Africa Device Assembly Kenya (EADAK) Sold 360,000 devices being Inaugurated on its Blast-off in October 2023

    Posted On 04 Nov 2024

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    Africa Leader of the Year 2023-2024, Rwanda's President Paul Kagame

    Posted On 21 May 2024

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    Thanks for reading, Africa’s fastest...

    Posted On 15 Feb 2024

    Peace making leader. Congrat Paul...

    Posted On 15 Feb 2024

    Thanks for reading, Africa’s fastest...

    Posted On 15 Feb 2024

    Facebook

    Latest Posts

    To Our Dedicated Readers...

    Experts Divulged African Nations should brace up for Digital Technology in the Education Sector to Expedite Africa’s Financial Growth and Quality Education

    The East Africa Device Assembly Kenya (EADAK) Sold 360,000 devices being Inaugurated on its Blast-off in October 2023

    Recent Posts

    • To Our Dedicated Readers…
    • Experts Divulged African Nations should brace up for Digital Technology in the Education Sector to Expedite Africa’s Financial Growth and Quality Education
    • The East Africa Device Assembly Kenya (EADAK) Sold 360,000 devices being Inaugurated on its Blast-off in October 2023
    • ….as it strives to Exploit its Supplies of Fossil Fuels £19 Billion Gas Pipeline would pass…13 Countries
    • In a Bid to Accelerate Green Energy Economy, Kenya Reveals a 10-year Implementation Plan

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • Obituary
    • Sport

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.