Dangote Refinery has officially registered three major oil marketers accounting for approximately 75% of the overall market, to handle the distribution of its refined products.
The Dangote Group, in a statement on Tuesday, disclosed the marketers include the Petroleum Products Marketers Association of Nigeria (DAPPMAN), the Major Oil Marketers Association (MOMAN) Nigeria, and the Independent Petroleum Marketers Association of Nigeria (IPMAN).
According to the statement, Dangote is currently exploring potential partnerships for distribution and is actively considering other marketers who have expressed interest in collaboration.
The $19 billion refinery has suffered years of delays and setbacks, but it finally began production last week.
The refinery is the largest single-train refinery in the world. According to reports, refined products from Dangote would hit the market within the month after all regulatory approvals were received. Dangote stated that the refinery will first distribute per centdiesel and aviation fuel.