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Dangote Refinery Halts Petrol Sales to Importers in Nigeria

Dangote Refinery Halts Petrol Sales to Importers in Nigeria

Dangote Petroleum Refinery has stopped the sale of Premium Motor Spirit (petrol) to major marketers who import petroleum products into Nigeria. An official from the refinery confirmed this decision, stating that the refinery would no longer sell petrol to those blending its high-quality products with lower-quality imported fuels.

The refinery now prefers to sell to members of the Independent Petroleum Marketers Association of Nigeria and others not involved in importing. This shift has prompted some marketers to seek legal action against the Nigerian Midstream and Downstream Petroleum Regulatory Authority for import licenses, fearing they may be left without supply.

Dangote had previously threatened to halt transactions with fuel importers due to concerns over product quality and market confusion. In response, importers criticized the refinery's restrictions, claiming it aims to block imports and challenging the refinery to prove that imported petrol does not meet quality standards.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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