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.
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.
(NAN)
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