Dangote Refinery begins PMS exports to Cameroon

Dangote Refinery has commenced export of premium motor spirit (PMS) otherwise known as petroleum to Cameroon.

This was achieved with collaboration with Neptune Oil, a leading energy company in Cameroon, resulting in the first-ever export of PMS from Dangote Refinery, Africa’s largest oil refinery, to Cameroon.

According to Dangote, the milestone resulting from a strategic collaboration between the two companies, underscores 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, Alhaji 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.”

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Director and Owner of Neptune Oil, Antoine Ndzengue, explained that the 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,” he said.

A statement from Dangote said the collaboration between Dangote Refinery and Neptune Oil does not end with this first export.

“Both companies are exploring new initiatives to establish a reliable supply chain that will help stabilize fuel prices and create new economic opportunities across the region,” Dangote added.