The Dangote Petroleum Refinery is set to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN.
Last Monday, it was reported that IPMAN had scheduled a meeting with the management of Dangote refinery regarding the supply of products to independent marketers.
When contacted on Friday evening to confirm if the meeting was held, the President, IPMAN, Abubakar Maigandi, stated that the association had finally met with the management of the refinery, adding that the latter agreed to supply products to the over 30,000 members of IPMAN.
This came as it was further gathered that the regulator of the downstream oil sector was currently examining the refined products from the refinery before the facility would be given approval to dispense fuel to the market.
It was also reported on Monday that seven major oil marketers in Nigeria had registered with the refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant.
The report stated that dealers under the aegis of the Major Oil Marketers Association of Nigeria confirmed on Sunday that with the registration, they would commence the distribution of fuel produced from the facility once the commercial terms were sorted.
The seven major marketers include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail.
Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria had also stated that PETROAN was engaging the management of the multi-billion dollar refinery for the supply of products from the facility.
