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Tag: Dangote Refinery

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Dangote Refinery to become world’s largest with new expansion

Nigeria’s Dangote Group has awarded a $350 million contract to Engineers India Limited to expand its massive Lekki refinery to 1.4 million barrels per day, more than doubling current capacity in a bid to transform Africa’s largest economy into a regional petroleum hub. The deal, signed with the Indian state-owned engineering consultancy, will see the […]

Oil and Gas

Dangote Refinery lifts Nigeria’s petrol supply by 64%

Nigeria’s domestic supply of petrol from the Dangote Petroleum Refinery and Petrochemicals rose sharply by about 64 per cent to an average of 32 million litres per day after operational improvements at the facility, according to the latest data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority. Figures contained in the NMDPRA December […]

Business

Dangote Refinery begins round-the-clock petrol supply

The Dangote Petroleum Refinery has begun night-time loading as it steps up efforts to maintain a daily supply of over 50 million litres of Premium Motor Spirit (petrol) nationwide, marking a transition to full 24-hour operations at Africa’s largest refinery. This follows the ongoing production ramp-up and logistics optimisation aimed at strengthening fuel security and […]

featured Oil and Gas

Petrol price war deepens as stations sell below Dangote’s rate

The competition in Nigeria’s downstream petroleum sector has intensified as several filling stations have reduced the pump price of Premium Motor Spirit below the N739 per litre benchmark recommended by the Dangote Petroleum Refinery. Following the Dangote refinery’s decision in December to slash petrol prices from about N900 to N739 per litre, importers and depot […]

Business

Dangote, major marketers deal collapses amid price conflict

The fuel supply agreement between the Dangote Petroleum Refinery and 20 major petroleum marketers—under which the parties had planned to offtake 600 million litres of petrol monthly, has collapsed due to pricing disagreements. Findings also indicate that the dispute triggered the surge in petrol imports recorded in November 2025, when total import volumes climbed to […]

featured Oil and Gas

Dangote Refinery begins direct petrol sales to marketers

Dangote Petroleum Refinery has begun the sale of Premium Motor Spirit, popularly known as petrol, directly to independent oil marketers that can purchase a minimum volume of 250,000 litres. Before the latest development, the refinery relied largely on about 20 depot owners who lifted petrol from its gantry and handled nationwide distribution of the product. […]

Business

Dangote refinery loads 43m litres, denies shutdown claims

Officials of the Dangote Petroleum Refinery say the facility supplied 43.3 million litres of Premium Motor Spirit (petrol) to the Nigerian market on Saturday. The officials made this disclosure, dismissing reports that the refinery had shut its petrol processing unit for maintenance, according to The Punch. Speaking on condition of anonymity due to a lack […]

Business

Dangote opens hotline to report petrol sales above N739

Dangote Petroleum Refinery has introduced a dedicated hotline for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit above the approved pump price of N739 per litre. The refinery also cautioned marketers against creating artificial scarcity, noting that it is supplying up to 50 million litres of petrol daily. In […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote begins nationwide petrol sales at N739/litre

Dangote Petroleum Refinery has begun nationwide sales of Premium Motor Spirit at N739 per litre through all MRS Oil Nigeria Plc filling stations, a major step toward providing affordable fuel and stabilising Nigeria’s downstream petroleum market. In a statement on Sunday, the firm said the new price would be rolled out across more than 2,000 […]

featured Oil and Gas

Dangote price cut triggers petrol price war in Lagos, Ogun — Report

As more MRS filling stations in Lagos and Ogun states began dispensing Premium Motor Spirit produced by the Dangote Petroleum Refinery at ₦739 per litre, motorists have increasingly boycotted retail outlets selling petrol at higher prices. According to The PUNCH, the development has forced several filling stations to slash their pump prices by about ₦100 […]

featured Oil and Gas

Dangote Refinery PMS supply to crash petrol prices — IPMAN

The Independent Petroleum Marketers Association of Nigeria has called on its members nationwide to patronise the Dangote Petroleum Refinery in the purchase of Premium Motor Spirit noting that the refinery currently offers the most affordable prices for marketers, even as free delivery is expected to commence in January 2026. The association expressed satisfaction over a […]

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