The Dangote Petroleum Refinery and Neptune Oil have announced their first export of Premium Motor Spirit to Cameroon, marking a key milestone in regional energy integration and cooperation.
In a statement to on Wednesday, the companies described the shipment as a strategic collaboration to strengthen economic ties between Nigeria and Cameroon while addressing the growing energy demands in the region.
Both companies are exploring additional initiatives to establish a reliable supply chain, with the goal of stabilizing fuel prices and creating new economic opportunities in the region.
President and CEO of the Dangote Group, Aliko Dangote, 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.”
Dangote Refinery, Africa’s largest single-train refinery with a processing capacity of 650,000 barrels per day, is a flagship project of the Dangote Group.
The export highlights the refinery’s ability to meet Nigeria’s domestic fuel needs while positioning it as a key player in the regional energy market.
The export also facilitates access to high-quality, locally sourced petroleum products for Cameroon, helping to reduce its reliance on imports, the companies stated.
The Director and Owner of Neptune Oil, Antoine Ndzengue, emphasised, “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.”
Neptune Oil is a prominent energy company in Cameroon, dedicated to offering reliable and sustainable energy solutions.
It was previously reported that the refinery is set to begin fuel exports to South Africa, Angola, and Namibia.
It was also noted that four other African countries—Niger Republic, Chad, Burkina Faso, and the Central African Republic—had started negotiations with the refinery.
