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Home Oil and Gas

Dangote Refinery Debunks Shutdown Rumour, says PMS Gantry Prices Remains N850

by OMOKAYODE MUSE
August 9, 2025
in Oil and Gas, Uncategorized
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Dangote Refinery Debunks Shutdown Rumour, says PMS Gantry Prices Remains N850
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The Dangote Refinery has firmly dismissed recent reports alleging that the $ 20 Billion Refinery has shutdown its operations and assured the public and stakeholders that activities at the refinery remain fully active and stable.

In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery management categorically denied claims that production has been interrupted: “The Dangote Petroleum Refinery is fully operational. There has been no shutdown, nor has been any suspension of truck loading activities,” the statement reads.

The refinery also clarified that the intermittent Sale of Residual Catalytic Oil ( RCO ) is part of normal business operations, often involving large sales, which explains the recent oil tender.

According to the management, Dangote Petroleum Refinery constantly supplies over 40 million litres of Petroleum Motor Spirit – PMS, popularly known as Petrol daily, alongside steady volumes of Automotive Gas Oil ( diesel) – this supplies, continued despite unabated despite speculation suggesting otherwise.

“As the world’s largest single – train petroleum refinery, the facility employs advanced predictive and preventive maintenance protocols to ensure uninterrupted operations. Routine maintenance activities are standard and do not impact the overall fuel supply. The statement further clarified.

In response to speculation about potential supply shortages and price increases, the refinery challenge those sponsoring the rumour to place orders for daily deliveries of up to 40 million litres of PMS and 15 million litres of diesel for next 90 days. “To those who believe this misinformation and anticipate a bullish market, we extend a challenge; We invite interested buyers to place immediate orders for up to 40 million litres of PMS daily and 15 million of AGO daily for the next 90 days.

The refinery reaffirmed its commitment to transparency and Nigeria’s energy security , urging the public to disregard unfounded rumours sponsored by unscrupulous and unpatriotic individuals seeking to undermine the country’s energy independence for their own selfish interests, including the importation of sub – standard fuels under the false pretext of domestic supply shortages.

OMOKAYODE MUSE

OMOKAYODE MUSE

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