Petroleum product marketers anxiously anticipate releasing the product price list from the Dangote Petroleum Refinery. This anticipation stems from the recent announcement confirming the commencement of production at the refinery, with expectations that its products will soon become available in the market.
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) told reporters of the association’s keen interest in promptly obtaining the awaited price list.
According to Abubakar Maigandi, the National President of IPMAN, the objective is to provide the list to its members swiftly.
He said: “We want to know about Dangote petroleum products prices. We will request it so that we can give it to our members.” Maigandi further disclosed the executive members’ plan to pursue the request for product allocation from the refinery. Maigandi emphasized that the initiation of production at the refinery has heightened the association’s eagerness for the request. The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), on the other hand, were in advanced discussions with four offshore refineries regarding the supply of petroleum products.
As per the statement issued by the Dangote Refinery last Friday, the facility has started the production of diesel and aviation fuel. To date, the refinery has received a total of six million barrels of crude oil at its two Single Point Mooring (SPM) locations situated 25 kilometres offshore. The initial crude delivery occurred on December 12, 2023, and the sixth cargo was received on January 8, 2024.
