Dangote Refinery Begins Export Of Petrol To Cameroon

2 months ago
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Mohammed Shosanya

 

 

The Dangote Petroleum Refinery and Neptune Oil have commenced first export of Premium Motor Spirit (petrol) to Cameroon.

 

 

 

 

The companies described the development as a strategic collaboration aimed at strengthening economic ties between Nigeria and Cameroon while addressing increasing energy demands in the region.

 

 

 

 

According to a statement,both companies are exploring further initiatives to establish a reliable supply chain, aiming to stabilize fuel prices and create new economic opportunities in the region.

 

 

 

 

President and CEO of the Dangote Group, Aliko Dangote, described the  first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa.

 

 

 

 

 

He added:“With this development, we are laying the foundation for a future where African resources are refined and exchanged within the continent for the benefit of our people.”

 

 

 

 

The statement quoted that the export underscores Dangote Refinery’s capacity to meet Nigeria’s domestic fuel needs while positioning the refinery as a key player in the regional energy market.

 

 

 

 

 

It also facilitates access to high-quality, locally sourced petroleum products for Cameroon, reducing its reliance on imports.

 

 

 

 

 

 

Commenting,the Director and Owner of Neptune Oil, Antoine Ndzengue,said his company’s partnership with Dangote Refinery marks a turning point for Cameroon.

 

 

 

He added:“By becoming the first importer of petroleum products from this world-class refinery, we are bolstering our country’s energy security and supporting local economic development.

 

 

 

“This initial supply, executed without international intermediaries, reflects our commitment to serving our markets independently and efficiently.”

 

 

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