Dangote Petroleum Refinery has resumed coastal loading of Premium Motor Spirit after an eight-day halt, introducing a new marine price of $1,161.23 per metric tonne, up from $1,044.62/MT previously, Petroleumpric gathered.
The new price reflects an increase of $116.61 per metric tonne, or 11.2 per cent, marking the refinery’s first pricing adjustment since it moved to a dollar-denominated template for refined products earlier this month.
Industry sources said gantry loading for trucks, which remains suspended, could also resume in the coming days, with expectations that a revised gantry price will accompany the restart.
The refinery halted both coastal and gantry loading on Wednesday, July 15, shortly after introducing the new dollar-based pricing structure. While marine deliveries have now resumed, truck loading through the gantry has yet to restart, though sources say a reopening is imminent.
Customers loading through the coastal channel were notified of the resumption on Tuesday, with actual
This post was originally published on this site.
