HomeBusinessFind out more as Dangote resumes loading, increases petrol price again

Find out more as Dangote resumes loading, increases petrol price again

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Dangote Refinery resumed coastal petrol loading on Monday, July 21, after a six-day suspension that disrupted fuel supply nationwideThe refinery raised its coastal PMS price to $1,161.23 per metric tonne, up from $1,044.62/MT before the suspensionGantry loading for trucks remains suspended, but industry sources say a resumption with a revised price could come soon

Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Dangote Petroleum Refinery has resumed coastal loading of Premium Motor Spirit (PMS) following a six-day halt, but marketers are now paying a significantly higher price for the product.

The refinery began accepting coastal loading orders again on Monday, July 21, after notifying customers on Tuesday of the new terms.

Dangote raises coastal petrol price to $1,161.23/MT, truck loading still suspendedDangote’s new petrol price takes effect Photo: Bloomberg
Source: Getty Images

The resumption comes after the facility suspended both coastal and gantry loading on Wednesday, July 15,

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