Sponsored
Oil & Gas

Dangote Refinery Exports PMS To Cameroon, Seals Deal With Neptune Oil

Sponsored
Sponsored

In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon.

This milestone, resulting from a strategic collaboration between the two companies, underscores their commitment to strengthening economic ties between Nigeria and Cameroon while meeting the region’s growing energy demands.

Alhaji Aliko Dangote, President and CEO of the Dangote Group, stated: “This first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa. 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.”

Antoine Ndzengue, Director and Owner of Neptune Oil emphasized: “This partnership with Dangote Refinery marks a turning point for Cameroon. 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.”

The collaboration between Dangote Refinery and Neptune Oil does not end with this first export. Both companies are exploring new initiatives to establish a reliable supply chain that will help stabilize fuel prices and create new economic opportunities across the region.

For Nigeria, this export showcases Dangote Refinery’s ability to meet domestic needs and position itself as a key player in the regional energy market.

It represents a significant step forward in accessing high-quality and locally sourced petroleum products for Cameroon.

Sponsored
Funsho Arogundade

Recent Posts

Chain Reactions Africa Wins Large Consultancy Category, Ranks 3rd In Africa PR Index

Chain Reactions Africa, the Lagos-headquartered independent communications consultancy, has emerged winner of the Large Consultancy…

5 hours ago

Ilaro Chief Imam Returns Late Actor Ogogo’s ₦25m To Family

The family of the late veteran actor Taiwo Hassan, popularly known as Ogogo, has officially…

9 hours ago

Gov Soludo Presents Certificates Of Recognition To Nsugbe & Adazi-Nnukwu Mornachs AS Anambra Moves To Overhaul Community Governance

CHRISTIAN ABURIME Governor Chukwuma Charles Soludo, CFR has declared that permanent peace is a non-negotiable…

10 hours ago

Comrade Dauda, WARDC Advocate Greater Awareness To Prevent Unsafe Abortion Deaths

ADEOLA OGUNLADE    The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD),…

10 hours ago

Speculation As Classified Information: Atiku’s $1.2m Lobbying Gamble Exposed

BY SUNDAY DARE  The coordinated media blitz orchestrated around a Washington, D.C. advisory firm is…

10 hours ago

Court Remands Man, 40, In Kirikiri Over Alleged Defilement Of 14-Year-Old In Oshodi

CYRIACUS IZUEKWE  A 40-year-old man, Paul Asunnomeh, was arraigned before a Lagos Magistrate Court over…

11 hours ago
Sponsored