Oil marketers to begin fuel distribution – FG
By Wilson Adekumola
The Federal Government has disclosed that the seven major oil marketers in Nigeria have enrolled with Dangote Refinery to help distribute the refined product from the plant.
This was made known in a statement posted on X, formerly Twitter handle by the Special Assistant on Social Media to the President, Dada Olusegun, on Monday.
He explained that the Major Oil Marketers Association have stated their readiness to initiate fuel distribution upon finalizing commercial terms while Independent Petroleum Marketers Association of Nigeria plans to discuss loading terms with the refinery.
He listed the companies to include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc,OVH Energy Marketing Limited, Total Nigeria Plc, and NNPC Retail, have stated their readiness to initiate fuel distribution upon finalizing commercial terms.
The statement read, “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.”
