Ardova, Dangote Refinery sign bulk purchase agreement
Ardova Plc had been a significant off-taker from the refinery, since its inception.
Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses, has agreed to a bulk purchase framework with Dangote Refinery.
Its Head of Brands and Corporate Communications, Mr Grant Onome, said in a statement on Monday that the framework would see his company offtake a full slate of petroleum products from the refinery.
Onome said Ardova Plc had been a significant off-taker from the refinery, since its inception.
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He added that this new framework would institutionalise a more robust relationship between the two companies to further enhance the emerging competitive landscape in the downstream oil and gas industry in the country.
“This framework is in line with President Bola Tinubu’s drive for competition and improved efficiency in the industry and will see Ardova Plc deliver products at competitive prices nationwide,” he said.
Ardova Plc is a leading indigenous player in the downstream Oil, Gas, and integrated Energy sector. With a network of over 450 stations spread across the six geographical zones of Nigeria, the company specializes in the procurement and distribution of Premium Motor Spirit (PMS), Dual Purpose Kerosene (DPK), Diesel (AGO) and Liquefied Natural Gas (LPG).
Ardova Plc is committed to delivering renewable energy solutions across various sectors. We operate a distribution model that combines solar and waste to energy biofuel solutions to provide Nigerians with affordable energy sources to meet their basic lighting needs.
Ardova is also a leading supplier of Aviation fuel to local and international Airlines providing aircraft refueling services through our aviation-joint hydrant in Lagos and our joint aviation depot in Abuja, Port Harcourt and Kano. Through our partnership with Shell, we also distribute a range of high-quality lubricants for automotive and industrial lubricant needs.
