Nigeria's Dangote Refinery said on Wednesday it has made its first export of petrol to Cameroon, a milestone that could pave the way for regional energy integration and help stabilise fuel prices across the region.
The 650,000 barrel refinery built by Nigerian billionaire Aliko Dangote in Lagos aims to compete with European refiners when operating at full capacity and is expected to change the trading of refined products in the Atlantic basin.
The company did not provide details of how much was exported.
Cameroon's energy firm Neptune Oil said in the statement that both companies were exploring new initiatives to establish a reliable supply chain that will help stabilize fuel prices and opportunities across the region.
Neptune Oil said the petrol supply transaction was executed without intermediaries.
Latest Stories
-
Lack of integrity in governance is a major problem – Ohene Ntow
6 minutes -
Contracts signed after elections won’t be respected – Sam George warns
12 minutes -
Kwame Opoku ‘has eye for goal’ – Prosper Ogum hails new signing
14 minutes -
Callistus Mahama not related to Mahama – Joyce Bawah Mogtari clarifies
42 minutes -
See your comeback as God’s gift to reset Ghana – Ohene Ntow to Mahama
55 minutes -
2025 AFCON: Kwasi Appiah vows to make Sudan proud
1 hour -
Three dead, 20 in critical condition after accident at Gomoa Okyereko
1 hour -
NDC’s victory is a ‘massacre’ of the NPP, marks Ghana’s greatest political comeback – Ablakwa
1 hour -
Today’s front pages: Thursday ,December 12, 2024
3 hours -
WAPCo gas pipeline maintenance triggers power supply disruptions
4 hours -
AfCCoDR, ACPSEA congratulate Mahama; calls for institutional and legal reforms
5 hours -
Mahama to renegotiate IMF, World Bank deals
5 hours -
Mornah congratulates Mahama, reminds him of campaign promises
5 hours -
‘Our democracy is safe; let’s consolidate it’ – Mahama to Ghanaians
5 hours -
CSOs urge Mahama to cancel SML and Agyapa Royalties deals
5 hours