Dangote Refinery, Africa’s largest oil refinery, and Neptune Oil have jointly achieved a milestone by exporting Premium Motor Spirit (PMS) to Cameroon for the first time, marking a step toward regional energy integration.
This milestone, resulting from a collaboration between the two companies, underscores their commitment to strengthening economic ties between Nigeria and Cameroon while meeting the region’s growing energy demands… Alhaji Aliko Dangote, President and CEO of the Dangote Group, stated: “This first export of PMS to Cameroon is a tangible demonstration of our vision for a united and energy-independent Africa. With this development, we are laying the foundation for a future where African resources are refined and exchanged within the continent for the benefit of our people.”
Antoine Ndzengue, Director and Owner of Neptune Oil, emphasized, “This partnership with Dangote Refinery marks a turning point for Cameroon. By becoming the first importer of petroleum products from this world-class refinery, we are bolstering our country’s energy security and supporting local economic development. This initial supply, executed without international intermediaries, reflects our commitment to serving our markets independently and efficiently.”
Dangote Refinery and Neptune Oil are actively building on their first export by pursuing new initiatives to establish a dependable supply chain, aiming to stabilize fuel prices and unlock economic opportunities across the region.
