Ghana eyes fuel imports from Dangote refinery

10/29/2024 4

Ghanaian petroleum authority official on Monday stated that his country might start importing fuel from the Nigerian refinery once the facility is operating at full capacity, cutting more expensive exports from Europe.

Chairman of the National Petroleum Authority, Ghana, Mustapha Abdul-Hamid, said this could end monthly fuel imports from Europe of $400m.

The $20bn Lekki-based Dangote refinery commenced the release of Premium Motor Spirit, popularly called petrol, into the Nigerian market on September 15, 2024.

However, marketers of the product in Nigeria have since commenced the importation of PMS in hundreds of millions of litres following the total deregulation of the downstream oil sector in Nigeria by the Federal Government.

Written by: bossgmsi

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