Nigeria has reduced the sulphur cap on refined oil product imports to 50 Parts Per Million (ppm) according to market participants. The new cap which took effect at the start of June, according to sources — marks a sharp reduction from a previous 200 ppm limit set on March 1. According to sources, there was no widespread information campaign to make market participants aware of the specification change. The lower sulphur limit comes as Nigeria braces for the imminent ramp-up of 10 ppm ultra-low sulphur diesel production at the Dangote…
Read More