Audio By Carbonatix
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
-
Ghana losing long-term investment capital over absence of Limited Partnerships Law – GVCA CEO
2 hours -
Telecel Group Chief urges governments and regulators to ease cross-border payment
2 hours -
Buipewura gifts elephant tusk to Ya-Na as a symbol of unity
2 hours -
Why the State must appeal Agradaa’s sentence reduction – Prof. Asare lists 5 reasons
3 hours -
IGP Special Operations Team arrests suspect in possession of illegal arms and police gear
4 hours -
Journalism must be a tool for development, not destruction — Sports Minister to AIPS
4 hours -
Interior Ministry urges honest self-assessment, strategic alignment at 2025 performance review workshop
5 hours -
InfoAnalytics predicts victory for Hajia Amina in Ayawaso East NDC Primary
5 hours -
Awakening road safety consciousness: Why passengers must be searched before boarding buses in Ghana
5 hours -
She Captures Humanity: A Humanitarian photography and social impact initiative
5 hours -
Ghanaian Swimming prodigy Yamin Amankwah Boamah sets 10 new PBs
6 hours -
Superstition Meets Real Harm: Witchcraft accusations, social injustice and weak protections in Northern Ghana
6 hours -
Nkrumahism, Mahama, and Africa’s unfinished cultural liberation
6 hours -
Group withdraws petition against unlicensed GoldBod actor, cites court proceedings
6 hours -
Threads of state: When cotton started a diplomatic incident
7 hours