Neptune Oil and Dangote Refinery announce their first refined product export to Cameroon. Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Africa’s largest oil refinery to Cameroon, marking a significant step towards regional energy integration.
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This accomplishment, which came about as a consequence of a strategic partnership between the two businesses, demonstrates their dedication to enhancing commercial relations between Nigeria and Cameroon while satisfying the region’s expanding energy needs.
“This first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa,” said Alhaji Aliko Dangote, President and CEO of the Dangote Group. Our people will benefit from the refinement and intracontinental interchange of African resources in the future thanks to this development.
“This partnership with Dangote Refinery marks a turning point for Cameroon,” stressed Antoine Ndzengue, Director and Owner of Neptune Oil. We are strengthening our nation’s energy security and promoting regional economic growth by being the first importer of petroleum products from this top-tier refinery.
This first delivery, which was carried out without the use of foreign middlemen, demonstrates our dedication to providing our markets with autonomous and effective service. This initial export is just the beginning of Dangote Refinery and Neptune Oil’s partnership. Both businesses are looking into new projects to build a dependable supply chain that will support gasoline price stability and open up new business prospects in the area.
A Significant Regional Effect This export demonstrates Dangote Refinery’s capacity to supply domestic demand and establish itself as a major force in the regional energy market for Nigeria. It is a major step towards Cameroon’s access to domestically produced, high-quality petroleum products.
