Major Oil Marketers To Begin Direct Purchase Of PMS From Dangote Refinery
Major oil marketers are to begin the direct purchase of Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery between yesterday and next week as the Nigerian National Petroleum Company Limited pulls out as sole off-taker of the product from the twenty-billion-dollars plant.
Multiple sources from NNPC and the Major Energies Marketers Association of Nigeria confirmed that NNPCL was no longer the sole off-taker of Dangote petrol, giving room for other players in the downstream to buy products directly from the Dangote refinery.
This came as unconfirmed reports stated that the Nigerian Midstream and Downstream Petroleum Regulatory Authority had released new petrol prices, which are higher than the current pump prices in various locations nationwide.
