The company ‘Dangote Petroleum Refinery and Petrochemicals’, which drills and trades oil in Nigeria, has started selling this oil to other countries including Cameroon, which is one of the main goals of Aliko Dangote, who founded it, who wants to reduce the amount of oil that African countries import, and it’s underground.
This company sells this oil to Neptune Oil, a company that distributes oil to many countries in Central and West Africa.
This company bought 60 thousand tons of refined oil, which should be sent to Cameroon, a country that produces oil abroad and it is more expensive to get there due to the cost of the long journey.
Dangote Petroleum Refinery and Petrochemicals plans to sell 650,000 barrels of oil per day, which will enable it to recover the investment of more than $20 billion spent on its construction.
Neptune Oil said it would like to discuss with the company to see how the two parties can establish a long-term, mutually beneficial relationship because Dangote Petroleum Refinery and Petrochemicals will have a steady supply, while other countries will buy cheap oil.
The company plans to export more than 56% of its oil production abroad, but this plan may take a long time to be implemented. It is currently selling oil in Nigeria, but other countries including Ghana have shown interest in starting to extract oil from there.
Turkey has expressed its willingness to reach an agreement between Sudan and the United Arab Emirates
The President of Turkey, Recep Tayyip Erdogan, telephoned the Commander-in-Chief of the Sudanese Armed Forces, Gen. Abdel-Fattah Burhan, told him that he is ready to play a role in helping this country reach an agreement with the United Arab Emirates (UAE), in order to clear the bad atmosphere that has been going on for days between the two sides.
Tensions between the two countries began to sour when Sudan accused the UAE of supporting the Rapid Support Force against the Sudanese Armed Forces in the ongoing conflict, arming them, training its fighters, paying mercenaries and more.
It is an accusation that the UAE has not yet commented on clearly, however, it has made relations between the two countries very bad, and Sudan is asking the UAE to stop this practice if it wants to revive diplomatic relations.
President Recep Tayyip Erdoğan recently reconciled Ethiopia and Somalia, the two countries had been at loggerheads this year after Ethiopia signed an agreement with Somaliland, which Somalia claims as its own, and said that Ethiopia should not work with its unknown region. .
The Prime Minister of Ethiopia, Abiy Ahmed and the President of Somalia, Hassan Sheikh Mohamud, recently met in Ankara, Turkey to put an end to all these problems, where they agreed to continue the dialogue aimed at solving the existing problems.