In a significant development, Dangote refinery has begun selling petrol directly to marketers, cutting out intermediaries like the Nigerian National Petroleum Corporation Limited (NNPCL). This move marks a shift towards a more open and competitive market, allowing marketers to negotiate prices and terms directly with the refinery.

According to sources, marketers are already lifting petrol from the refinery, taking advantage of the new arrangement. The refinery is focusing on producing 53% of its PMS output from its crude oil supply to meet the growing demand for gasoline in Nigeria and other countries.

This development is expected to have a positive impact on the oil and gas industry, promoting competition and potentially leading to better prices and services for consumers.