- Dangote Refinery, in partnership with Neptune Oil, shipped Premium Motor Spirit (PMS) to Cameroon
- Aliko Dangote envisioned a united, energy-independent Africa, and this first export is a tangible step towards achieving that goal
- Antoine Ndzengue, Director and Owner of Neptune Oil emphasized the importance of the export for strengthening Cameroon’s energy security and economic independence
Africa’s largest refinery, Dangote Refinery, shipped its first Premium Motor Spirit (PMS) to Cameroon in partnership with Neptune Oil.
In a statement released on Wednesday, December 11, Dangote expressed that the achievement was made possible by the strategic alliance between the two companies, reinforcing their dedication to boosting Nigeria-Cameroon economic relations and addressing the growing energy demand in the region.
Dangote delighted with PMS export to Cameroon
The President of Dangote Group, Aliko Dangote said “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.”
Beyond this first export, Dangote Refinery and Neptune Oil are jointly exploring new initiatives to establish a stable supply chain that will help stabilize fuel prices and unlock new economic opportunities for the region.
First export to Cameroon a key step - Ndzengue
The Director and Owner of Neptune Oil, Antoine Ndzengue, said, “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.”
Ghana eyes long-term supply deal with Dangote oil refinery
Meanwhile, TheRadar earlier reported that Ghana hinted at plans to establish a long-term supply agreement with Dangote Oil Refinery.
Abdul-Hamid, the chairman of the National Petroleum Authority, projected savings on Ghana's monthly fuel import expenditure.