Dangote Refinery, Neptune oil export PMS to Cameroon
In a move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of Premium Motor Spirit (PMS) from Dangote Refinery, Africa’s largest oil refinery, to Cameroon.
The firm described the feat as a result of a strategic collaboration between the two companies, which is said to underscore their commitment to strengthening economic ties between Nigeria and Cameroon while meeting the region’s growing energy demands.
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.”
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.”
Both Dangote Refinery and Neptune Oil are also exploring new initiatives to establish a reliable supply chain that will help stabilise fuel prices and create new economic opportunities across the region.
