BusinessNews

SEVEN OIL MARKETERS ENROLLED WITH DANGOTE PETROLEUM REFINERY TO DISTRIBUTE REFINED PRODUCTS .

The seven major oil marketers in Nigeria have enrolled with the Dangote Petroleum Refinery to distribute refined petroleum products from the $20 billion plant.

Major Oil Marketers Association of Nigeria (MOMAN) members will initiate fuel distribution upon finalizing commercial terms, while Independent Petroleum Marketers Association of Nigeria (IPMAN) plans to discuss loading terms with the refinery.

MOMAN’s registered members, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, are poised to purchase and distribute products from the refinery, which can load 2,900 trucks daily and adheres to Euro V specifications.

Dangote’s refinery design adheres to standards set by the World Bank, US EPA, European emission norms, and Department of Petroleum Resources emission/effluent norms, utilizing advanced technology.

Likewise, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) noted that the association has been in discussions with the management of the multi-billion dollar refinery regarding the supply of products from the facility.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button