₦airaland Forum

Dangote Refinery exports first PMS shipment to Cameroon
Caleb Obiowo by Caleb Obiowo 17 seconds agoin Energy, Sectors

Dangote Refinery, Africa’s largest oil refinery, has successfully exported its first shipment of Premium Motor Spirit (PMS) to Cameroon.

The milestone was achieved through a strategic partnership between Dangote Refinery and Neptune Oil, a leading energy company in Cameroon.

The details of this partnership and the successful export of the first PMS shipment to Cameroon were confirmed by Nairametrics.



Alhaji Aliko Dangote, President and CEO of the Dangote Group, emphasized the importance of this development, stating,

“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.”

Antoine Ndzengue, Director and Owner of Neptune Oil, described the partnership as transformative for Cameroon, highlighting its role in boosting energy security and supporting local economic growth.

“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.” he said.

Additionally, the collaboration is set to continue beyond the initial shipment, with both companies working to establish a sustainable supply chain that aims to stabilize fuel prices and foster economic growth in the region

What the first export of PMS from Dangote Refinery to Cameroon means
This landmark export highlights the growing capacity of Dangote Refinery to meet domestic energy demands in Nigeria while playing a pivotal role in the regional market.

With its vast processing capacity of 650,000 barrels per day, the Lagos-based refinery—the largest single-train refinery globally—is a flagship project of the Dangote Group, dedicated to redefining Africa’s energy landscape.

For Cameroon, the transaction signals a new era of energy independence. Neptune Oil, a leading energy company in the country, has positioned itself as a key player in ensuring reliable petroleum access.

By sourcing high-quality PMS directly from Dangote Refinery, Cameroon reduces its reliance on international intermediaries, strengthening local energy security and spurring economic growth.

This collaboration, however, extends beyond the initial shipment. Both companies aim to establish a robust supply chain that stabilizes fuel prices and creates broader economic opportunities across the region.

The partnership not only highlights a shared commitment to intra-African trade but also lays the groundwork for future collaborations that benefit the continent.

ednut1:
Other poorer African countries are able to afford PMS but we cant. The thing is confusing

9jatriot:
Very confusing. Their PMS price is higher than ours but they seem able to afford it.

tj2018:
The minimum wage in Cameroon is $73.42/Month while Nigeria is $43.1.. Stop comparing Yam with potato

Topman7:
Oh, this is so beautiful. 🤩

And the great thing is it’s just the beginning.

Nigeria has positioned itself to be AFRICA’S No. 1 SUPPLIER of refined petroleum products.

Not only are we now self-sufficient, but we can supply the entire continent..

From diesel to petrol to aviation fuel, especially with the giant Dangote Refinery now fully operational.

Ghana will soon run here to collect their own, with their new president that is already claiming to be half - Nigerian. He wants to codedly claim discount.