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, according to the Head of Brands and Corporate Communications, Ardova Plc, Grant Onome, would see the company offtake a full slate of petroleum products from the refinery.
While Ardova Plc has been a significant off-taker from the refinery since its inception, the spokesperson said the 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 Tinubu’s drive for competition and improved efficiency in the industry and will see Ardova Plc deliver products at competitive prices nationwide,” Onome said.
