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Dangote Group has commenced the roll out of diesel from its petroleum refinery located in Lekki, Lagos State to oil marketers, marking a significant milestone in Nigeria’s petroleum sector.
TheNewsGuru.com (TNG) reports the conglomerate made this known on Monday via platform X, formerly Twitter.
The launch of operations at the Dangote refinery is expected to reduce Nigeria’s reliance on imported petroleum products drastically.
Independent Petroleum Marketers Association of Nigeria (IPMAN) had claimed that the landing cost of the product from the refinery is pegged at N1,250 per litre.
Members of three prominent associations, which constitute 75 per cent of the total market in Nigeria, have been registered to make the product available in the country.
The associations are Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Independent Petroleum Marketers Association of Nigeria (IPMAN), and Major Oil Marketers Association of Nigeria (MOMAN).
The 650,000 barrels capacity Dangote Refinery, the world’s largest single-train refinery commenced production in January. The refinery commenced refining with production of diesel and aviation fuel.
The refinery started production after receiving six million barrels of crude oil from the Nigerian National Petroleum Company Ltd.
TNG reports the refinery can load 2,900 trucks a day at its truck-loading gantries. Diesel is being loaded via sea from the single point mooring (SPM-P3) and via land from the gantry at the the Dangote Refinery.