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.
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
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.
