Dangote Petroleum Refinery has announced the export of Premium Motor Spirit (PMS), also known as petrol, to Cameroon, Ghana, Angola and South Africa.
Key Points:
1. Export Destinations: Cameroon, Ghana, Angola and South Africa.
2. Products: Petrol, diesel and jet fuel.
3. International Market: Products are being exported to European markets.
4. Economic Impact: Expected to create a virtuous cycle of industrial development, job creation and economic prosperity.
5. Collaboration Opportunities: Open to collaboration with Japanese businesses, particularly in technology.
Dangote Refinery’s Vice President of Oil and Gas, Dr. Devakumar Edwin, shared the update during a visit from Japan’s Ambassador-designate to Nigeria, Suzuki Hideo, and a delegation from the Japanese Business Community in Nigeria.
Dr. Edwin emphasized the refinery’s role in leveraging Africa’s crude oil resources to produce refined products locally, creating substantial value and generating employment.
The Japanese delegation praised the refinery’s state-of-the-art technology, noting its significance in showcasing Nigeria’s technological advancements on the global stage.
Reactions:
1. Japan’s Ambassador-designate, Suzuki Hideo, described the refinery as an “astonishing masterpiece.”
2. Managing Director of Japan External Trade Organisation (JETRO), Takashi Oku, praised the refinery’s size and automation.
3. Managing Director of Itochu Nigeria Limited, Masahiro Tsuno, called the refinery a “miracle” and expressed interest in collaboration.
The refinery’s export of petrol to multiple African countries marks a significant milestone in Nigeria’s economic development and its role as a major player in the global energy market.
