Seven major oil marketers in Nigeria, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, TotalEnergies Ltd, and NNPC Retail, have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products. The Major Oil Marketers Association of Nigeria (MOMAN) confirmed their registration and expressed their intention to start distributing fuel produced by the refinery once commercial terms are finalized.
According to a statement by the President of the Dangote Group, Aliko Dangote, on Friday, January 12, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. He stared: “We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals. This is a big day for Nigeria. We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game-changer for our country, and I am very fulfilled with the actualization of this project.”
Meanwhile, the Independent Petroleum Marketers Association of Nigeria (IPMAN) announced that they would be meeting with the management of the Dangote refinery to discuss product loading terms. In the same vein, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) stated that they have been engaging with the refinery’s management for the supply of products.
The Dangote Petroleum Refinery recently commenced production of diesel and aviation fuel. The refinery, located in Ibeju-Lekki, Lagos state, has received six million barrels of crude oil so far. It has the capacity to load 2,900 trucks per day at its truck-loading gantries. The products produced by the refinery will meet Euro V specifications and comply with international emission norms.
The Dangote Petroleum Refinery and Petrochemical Project, a subsidiary of Dangote Industries Limited, is a significant industrial plant with a capacity to refine 650,000 barrels of crude oil per day. It is situated in the Dangote Industries Free Zone in Ibeju-Lekki, Lagos, Nigeria.