The Dangote Petroleum Refinery says several oil marketing companies have joined its distribution network.
In a statement on Tuesday, the refinery said the companies are TotalEnergies, Garima Petroleum, and Sunbeth Energies.
Also listed are Sobaz Nigeria Ltd, Virgin Forest Energy, Sixxco Oil Ltd, NU Synergy Ltd, and Soroman Nigeria Ltd.
The development comes ahead of the organisation’s plan to begin a nationwide fuel distribution next month.
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“Others on the growing list are Jezco Oil Nigeria Ltd., Jengre, Cocean, Kifayat, Triumph Golden, Sifem Global, Riquest, and Mamu Oil, among others,” the refinery added.
On July 1, Dangote refinery reduced its ex-depot price for petrol to N840 per litre.
The refinery said its existing partners — MRS, Heyden, Ardova (AP), Hyde, Optima, and Techno Oil — are expected to reflect the new pricing at their retail outlets.
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“The Dangote Refinery, the largest single-train refinery in the world, continues to expand its domestic fuel distribution footprint, offering competitive pricing and improving access to refined products across Nigeria,” the statement reads.
“The refinery, recently announced that it has invested over N720 billion to implement its initiative of deploying 4,000 Compressed Natural Gas-powered trucks for the nationwide distribution of petroleum products, saying it is expected to save Nigerians over N1.7 trillion annually.”
The company said the investment would have a major impact on more than 42 million micro, small and medium enterprises (MSMEs) by lowering energy expenses and boosting their profitability.
The plant stated that the initiative will eliminate transportation costs for fuel marketers and large-scale consumers and help reduce pump prices and inflation.
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