The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that marketers are banking on Dangote Petrochemical Refinery for adequate fuel supply to end perennial scarcity, The Nation reports.
IPMAN National Operations Controller Mike Osatuyi said marketers were relying on the refinery because of its huge capacity. Marketers, he said, hoped to get enough fuel when the company comes on stream next year. He said marketers were placing their hope on Dangote after deliberating on critical issues, such as fuel scarcity, and poor distribution network, impeding the downstream sub-sector’s operation.
According to him, Dangote Petrochemical Refinery would change the chemistry of crude refining and distribution of petroleum products when it begins operation, stressing that the development informed the decision of the marketers to rely on the company to record growth in the future. He said the refinery would be a game changer in the industry, whenever it makes its debut, adding that independent marketers, major marketers and others were waiting for the firm to start operation, with a view to ensuring fuel sufficiency.
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