In a bid to guarantee supply security at affordable prices for its customers, Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses, has agreed to a bulk purchase framework with Dangote Refinery.
This framework will see Ardova Plc offtake a full slate of petroleum products from the refinery.
Ardova Plc petrol filling station
While Ardova Plc has been a significant offtaker from the refinery since its inception, this new framework will 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 Tinubu’s drive for competition and improved efficiency in the industry and will see Ardova Plc deliver products at competitive prices nationwide.
An indigenous and integrated energy company involved in the distribution of petroleum products, Ardova Plc operates an extensive network of over 700 retail outlets in Nigeria and significant storage facilities in Apapa, Lagos State, Onne, Rivers State, and Oghara, Delta State.
Apart from procuring and distributing petrol (PMS), diesel (AGO), kerosene (DPK) and liquefied petroleum gas (LPG), the company’s services also involve the manufacturing and distribution of a wide range of lubricants from it’s oil blending plant in Apapa, Lagos. These lubricants include: Super V, Visco 2000 and Diesel Motor Oil.
