The Dangote Refinery and Petrochemicals is set to launch its Compressed Natural Gas (CNG) trucks for the commencement of nationwide distribution of Premium Motor Spirit (PMS).
Recall that the Refinery announced in August that it had received the first batch of its 4000 CNG-powered trucks for the fuel distribution programme, which was initially set to commence on August 15.
During a courtesy visit by the AfricaRice Centre at his Lagos office on Sunday, Aliko Dangote reiterated that its decision to adopt direct fuel distribution is to reduce dependency on third-party carriers for fuel distribution in Nigeria.
Recall that last week, the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) accused the Refinery of “offering lower prices to international buyers while quoting higher rates to local off-takers.
Responding, however, Dangote said it decided to jettison the Single Point Mooring (SPM) system for fuel distribution to avoid an extra cost of N75 per litre in handling charges.