In a groundbreaking move, Dangote Refinery, Africa’s largest oil refinery, has successfully exported its first shipment of Premium Motor Spirit (PMS) to Cameroon.
This landmark achievement is the result of a strategic partnership between Dangote Refinery and Neptune Oil, a leading energy company in Cameroon.
The export of refined products to Cameroon marks a significant milestone in the history of Dangote Refinery, which is dedicated to transforming Africa’s energy landscape.
This development is also a testament to the refinery’s ability to meet domestic needs and position itself as a key player in the regional energy market.
According to Aliko Dangote, President and CEO of the Dangote Group, “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 the significance of this partnership, stating, “This collaboration 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.”
The partnership between Dangote Refinery and Neptune Oil is expected to have a major regional impact, with both companies exploring new initiatives to establish a reliable supply chain that will help stabilize fuel prices and create new economic opportunities across the region.
Dangote Refinery’s ability to export refined products to Cameroon is a significant step forward in accessing high-quality and locally sourced petroleum products for the country.
This development is also expected to strengthen economic ties between Nigeria and Cameroon, while meeting the region’s growing energy demands.
Located in Lagos, Nigeria, Dangote Refinery is the largest single-train refinery in the world, with a processing capacity of 650,000 barrels per day.
The refinery is a flagship project of the Dangote Group, which is dedicated to transforming Africa’s energy landscape.
Neptune Oil is a leading energy company in Cameroon, committed to providing reliable and sustainable energy solutions.
Through collaborations with international partners, Neptune Oil plays a pivotal role in driving economic growth in the region.
The successful export of refined products from Dangote Refinery to Cameroon is a significant milestone in the history of the refinery and a testament to the company’s commitment to transforming Africa’s energy landscape.
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