In a groundbreaking step towards regional energy integration, Dangote Refinery, Africa’s largest oil refinery, has partnered with Neptune Oil to deliver its first-ever export of Premium Motor Spirit (PMS) to Cameroon.
The Dangote Group highlighted that this milestone reflects a strategic alliance between the two companies aimed at strengthening economic connections between Nigeria and Cameroon while addressing the region’s growing energy needs.
Alhaji Aliko Dangote, President and CEO of Dangote Group, remarked, “This initial export to Cameroon embodies our aspiration for a unified and energy-independent Africa. It sets the stage for a future where African resources are refined locally and traded across the continent to benefit our people.”
Antoine Ndzengue, Director of Neptune Oil, emphasized the significance of this development for Cameroon. “By becoming the first importer of petroleum products from Dangote Refinery, we are enhancing our country’s energy security and fostering local economic growth. This supply, executed independently without international intermediaries, underscores our dedication to efficient and self-reliant market service.”
The collaboration between Dangote Refinery and Neptune Oil extends beyond this initial export. Both organizations are actively working on initiatives to establish a robust supply chain aimed at stabilizing fuel prices and driving economic opportunities across West Africa.
Regional Implications:
This export underscores Dangote Refinery’s capability to satisfy Nigeria’s domestic energy requirements while positioning itself as a key player in the regional petroleum market. For Cameroon, it signifies improved access to locally refined, high-quality fuel products, marking a new chapter in economic cooperation and energy independence.
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