Dangote Refineries to Supply 150,000 IPMAN Stations
The Dangote Petroleum Refinery plans to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the refinery's management and IPMAN executives.
IPMAN
President, Abubakar Maigandi, did confirm in a statement when contacted that
the association had met with the management of the refinery, adding that the
latter had agreed to supply products to the over 30,000 members of IPMAN.
This is coming
as it was further gathered that the regulator of the downstream oil sector was
currently examining the refined products from the refinery before the facility
would be approved to dispense fuel to the market.
The refinery management has also confirmed that seven major oil marketers in
Nigeria have registered with the refinery for the lifting and distribution of
refined petroleum products produced by the $20bn plant.
Dealers
under the aegis of the Major Oil Marketers Association of Nigeria also confirmed
on Sunday that with the registration, they would commence the distribution of
fuel produced from the facility once the commercial terms were sorted.
The seven
major marketers include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc,
OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail.
Similarly,
the Petroleum Products Retail Outlets Owners Association of Nigeria had also
stated that PETROAN was engaging the management of the multi-billion dollar
refinery for the supply of products from the facility.
On January
12, 2024, the Dangote Petroleum Refinery announced that it had commenced the
production of Automotive Gas Oil, popularly called diesel, and JetA1 also known
as aviation fuel.
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