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Dangote Refinery has opened petrol sales to all licensed marketers, ending its consortium marketing arrangementThe refinery also reduced its ex-gantry PMS price and aligned its coastal loading price at the same rateIndustry stakeholders say the move could intensify competition, reduce fuel imports, and help lower petrol price
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Dangote Petroleum Refinery has opened the sale of Premium Motor Spirit (PMS), also known as petrol, to all licensed marketers, ending its previous consortium marketing arrangement.
The move is expected to reshape competition in Nigeria’s downstream petroleum sector.
Dangote Refinery’s latest policy gives licensed marketers unrestricted access to locally refined petrol. Photo: NurphotoSource: Getty Images
Petroleumprice.ng reports that the refinery said all qualified marketers can now purchase products directly from its loading gantry, widening access to locally refined petrol and allowing more participants
