The Dangote Refinery began rolling out diesel to marketers at its Lekki, Lagos facility on Monday, April 15, 2024.
In a video posted on social media, the refinery said that it had commenced the distribution of diesel to registered marketers via land and sea, marking a significant development for Nigeria’s fuel supply and the energy sector.
Diesel rollout at the Dangote Petroleum Refinery in Lekki via land #alikodangote#dangotepetroleum pic.twitter.com/Ri9uvoUGgF
— Dangote Group (@DangoteGroup) April 15, 2024
The company said:
“The Dangote Petroleum Refinery in Lekki, Nigeria, has commenced the rollout of diesel via both land and sea, marking a significant development for the country’s fuel supply and energy sector. “This initiative is expected to improve diesel prices and supply in Nigeria, reducing the nation’s exposure to crude oil prices and increasing arbitrage opportunities.
“Marketers have already begun picking up diesel from the refinery, with various posts and videos showcasing diesel loading onto truck tankers and vessels at the refinery. “The rollout has been met with optimism and celebration, seen as a positive step for Nigeria’s energy sector, despite initial scepticism.”
Recall that Nigeria’s enormous Dangote refinery posted videos on social media platform X of it loading a ship and trucks with fuel.
One of the videos shows a vessel, the Golden Lavender, being loaded with diesel. The tanker’s draft readings indicate the vessel recently took on cargo, according to ship-tracking data compiled by Bloomberg. The shipment looks likely to have been delivered to a buyer in Nigeria, shipping information shows.