Dangote Refinery has assured Nigerians that three of its partners will sell petrol for ₦970 per litre nationwide despite the company’s recent increase in the ex-depot price of petrol. A spokesman for the refinery Anthony Chiejina said the recent adjustment in the company’s ex-depot price “is directly related to the significant increase in global crude…
In a move to ensure supply security at competitive prices for its customers, Ardova Plc, one of Nigeria’s leading integrated downstream oil and gas companies, has entered into a bulk purchase agreement with Dangote Refinery. This was revealed in a statement by the Head of Brands and Corporate Communications, Ardova Plc, Grant Onome on Monday….
The Dangote Petroleum Refinery says it has reduced the price of its Premium Motor Spirit from N990 per litre to N970/litre. This is the amount marketers would buy the product from the refinery. In a statement released on Sunday, the Group Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina, said the reduction…
The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets. A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly. IPMAN National President, Abubakar Garima who announced this after a meeting of the National Working Committee of the Association said the partnership will ensure a steady, and affordable supply of PMS products nationwide. Girima said PMS, AGO,…
The Petroleum Products Retail Outlets Owners Association of Nigeria says the Dangote Petroleum Refinery is inconsiderate for selling petrol at N990/litre, stressing that the company enjoyed massive concessions while accessing foreign exchange during its construction. PETROAN also insisted that imported petrol was cheaper than the N990/litre price of Dangote petrol. Major marketers recently revealed that…
Dangote Refinery has disclosed its petrol price, saying that it sells at N990 per litre in trucks and N960 per litre in ships. The disclosure follows the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claim of importing the products at cheaper rates compared to that…
The President and Chief Executive of Dangote Group, Aliko Dangote, on Tuesday shed more light on how to end the reoccurring issue of fuel queues in the country. Dangote, who briefed State House reporters in Abuja, urged the Nigeria National Petroleum Company Limited (NNPCL) and marketers across the country to stop the importation of fuel….
The Independent Petroleum Marketers Association of Nigeria is poised for talks with Dangote Petroleum Refinery between Tuesday and Wednesday to finalize agreements on the cost and lifting of petrol from the plant. It was learned on Sunday that the Petroleum Retail Outlet Owners Association of Nigeria had been asked by the $20bn Lekki-based refinery to…
