By Mark Ogagan
Independent Petroleum Marketers will soon start direct lifting of products from the Dangote Refinery in Lagos.
This development follows an agreement reached by their umbrella body, the Independent Petroleum Marketers Association of Nigeria (IPMAN) with a Dangote Refinery team led by Aliko Dangote.
When IPMAN members would commence loading from the 650,000 barrels per day capacity plant is still under wraps as the parties have yet to arrive at ex-depot price.
IPMAN President Abubakar Maigandi (Pictured), made this known to reporters in Abuja on Monday.
“After meeting with Aliko Dangote and his management team in Lagos, we are pleased to announce that Dangote Refinery has agreed to supply IPMAN with PMS(Premium Motor Spirit otherwise known as petrol), AGO (Automated Gas Oil known as Diesel) and DPK( kerosene) directly for distribution to our depots and retail outlets,” said Maigandi.
He assured that with the acceptance of the refinery’s management to sell directly to his members, petrol would be sold at an ‘’affordable rate to Nigerians.’’
Maigandi also expressed confidence that independent marketers’ direct purchase from the refinery would lead to product availability and security.
IPMAN, had in spite of their interest to lift petrol from the refinery been hindered by disagreements between the Nigerian National Petroleum Company Limited(NNPCL) and Dangote Refinery management over supply and price.
Asked to state the rates at which the refinery would sell the product to IPMAN members, Maigandi said the two parties were yet to agree on it.
The IPMAN urged marketers to support the refinery, which he said would have ‘’a positive impact on the nation’s foreign exchange and job creation owing to its backward integration.’’
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