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Dangote Refinery Makes Bulk Sales of PMS to NNPC, Salbas, NIPCO, and 10 Others

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<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 3&period;0&period;2 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p><div class&equals;"8xTUAR0o" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>Dangote Refinery has resumed the sale of Premium Motor Spirit &lpar;PMS&rpar;&comma; also known as petrol&comma; to major marketers and depot owners under a revised distribution framework endorsed by the Nigerian Midstream and Downstream Petroleum Regulatory Authority &lpar;NMDPRA&rpar;&period;<&sol;p><div class&equals;"AUJwmlFh" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<&excl;-- TV --> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"4399361195" &NewLine; data-ad-format&equals;"auto" &NewLine; data-full-width-responsive&equals;"true"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>The move represents a significant shift from the previous arrangement in which products were sold to all classes of buyers&comma; including independent petroleum marketers&period;<&sol;p>&NewLine;<p>Major marketers and depot owners cleared under the new model include Mobil&sol;11 Plc&comma; Total&comma; Matrix&comma; Rainoil&comma; Nipco&comma; Northwest&comma; Ardova&comma; Bovas&comma; Pivot&comma; AA Rano&comma; AYM Shafa&comma; NNPC &comma;SALBAS Oil &amp&semi; Gas Nigeria Limited &comma;Nipco plc and MRS&period;<&sol;p>&NewLine;<p>Industry sources told Vanguard that the refinery has reverted to a controlled distribution structure similar to the framework introduced in October 2025&comma; when only a limited number of major marketers were granted direct access to products&period;<&sol;p><div class&equals;"nGh5Hpuy" style&equals;"clear&colon;both&semi;float&colon;left&semi;width&colon;100&percnt;&semi;margin&colon;0 0 20px 0&semi;"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;" &NewLine; data-ad-layout&equals;"in-article" &NewLine; data-ad-format&equals;"fluid" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"6550225277"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script><&sol;div>&NewLine;<p>An authoritative operator&comma; who confirmed the development at the weekend&comma; explained that the strategy is designed to allow depot owners and large marketers to moderate supply flows and influence market pricing more effectively&comma; while independent oil marketers&comma; including members of the Independent Petroleum Marketers Association of Nigeria &lpar;IPMAN&rpar; and the Petroleum Products Retail Outlets Owners Association of Nigeria &lpar;PETROAN&rpar;&comma; will source products from depots<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 3&period;0&period;2 -->&NewLine;<div class&equals;"quads-location quads-ad4" id&equals;"quads-ad4" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>The Chief Executive Officer of Petroleumprice&period;ng&comma; Olajide Jeremiah&comma; who tracks downstream pricing trends&comma; said the refinery’s gantry price remains unchanged at N 774 per litre&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;While the gantry price remains at ¦ 774 per litre&comma; Dangote Refinery will no longer sell directly to independent petroleum marketers who typically purchase in smaller volumes&comma;” he said&period;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 3&period;0&period;2 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p>Instead&comma; only depot owners with established storage facilities and approved major marketers will be eligible to lift products&period; Approval now follows defined procedures&period; Buyers must operate functional depot infrastructure or qualify as recognised major marketers before receiving clearance&period;<&sol;p>&NewLine;<p>The refinery will supply products through coastal vessel shipments&comma; ship-based transactions and gantry loading for authorised buyers&period; Depot owners will then distribute products from their facilities and determine ex-depot prices&period;”<&sol;p>&NewLine;<p>He added that early pricing signals suggest that ¦ 800 per litre could emerge as a new benchmark in Lagos&comma; with Warri&comma; Port Harcourt and Abuja trending around ¦ 820 per litre following recent adjustments at the depot level&period;<&sol;p>&NewLine;<p>The National President of the Oil and Gas Services Providers Association of Nigeria &lpar;OGSPAN&rpar;&comma; Mazi Colman Obasi&comma; described the development as positive&period;<&sol;p>&NewLine;<p>This is a good arrangement and we hope that while deregulation remains in place&comma; the government and operators will work toward sourcing more petroleum products locally from the refinery&comma;” he said&period;<&sol;p>&NewLine;<p>Another industry source noted that the move aims to reduce volatility and restore confidence across the downstream value chain&comma; adding that the refinery had also reportedly absorbed losses during previous price fluctuations&period;<&sol;p>&NewLine;<p>The idea is to create balance within the ecosystem&period; Dangote does not want depot businesses to collapse&comma; and it also wants Nigerians to benefit from a more predictable pricing structure&period; It is about creating a win-win situation&comma;” the source said&period;<&sol;p>&NewLine;<p>Under the new arrangement&comma; retail marketers will access products indirectly through depot channels rather than purchasing directly from the refinery&period;<&sol;p>&NewLine;<p>Meanwhile&comma; the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority&comma; Engr&period; Saidu Mohammed&comma; on Thursday hosted a high-level meeting with wholesale suppliers of petroleum products at the Authority’s headquarters in Abuja&period;<&sol;p>&NewLine;<p>The engagement brought together key downstream operators to deliberate on supply sufficiency&comma; market stability&comma; pricing transparency and regulatory compliance in Nigeria’s evolving petroleum market&period;<&sol;p>&NewLine;<p>Wholesale suppliers commended the Authority for sustaining proactive dialogue with stakeholders and reaffirmed their commitment to compliance and industry best practices&period;<&sol;p>&NewLine;<p>The meeting underscores NMDPRA’s continued efforts to strengthen transparency&comma; efficiency and long-term sustainability in Nigeria’s midstream and downstream petroleum sectors&period;<&sol;p>&NewLine;<p>Dangote Refinery’s sales model and the regulator’s intensified stakeholder consultations signal a coordinated push toward stabilising Nigeria’s downstream market amid full deregulation&period;<&sol;p>&NewLine;<p>For independent marketers and retail outlets&comma; the market has entered a new phase one in which depot owners and major marketers are expected to play a more central role in price formation and supply distribution nationwide&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER -->&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 3&period;0&period;2 -->&NewLine;<div class&equals;"quads-location quads-ad5" id&equals;"quads-ad5" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<&sol;p>&NewLine;<script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js"><&sol;script> &NewLine;<ins class&equals;"adsbygoogle" &NewLine; style&equals;"display&colon;block" &NewLine; data-ad-format&equals;"autorelaxed" &NewLine; data-ad-client&equals;"ca-pub-4403533287178375" &NewLine; data-ad-slot&equals;"1004305389"><&sol;ins> &NewLine;<script> &NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi; &NewLine;<&sol;script>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 3&period;0&period;2 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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