{
  "id": 9031579,
  "title": "Dangote refinery gains edge as fuel import costs rise",
  "url": "https://urgent.news/2026/09/21/dangote-refinery-gains-edge-as-fuel-import-costs-rise",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-21T23:28:41.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/dangote-refinery-gains-edge-as-fuel-import-costs-rise/"
  },
  "original_language": "en",
  "account": "Fuel import costs are outpacing the Dangote Petroleum Refinery's selling prices, causing oil marketers to draw more products from the facility, the Major Energies Marketers Association of Nigeria (MEMAN) reported on September 17, 2026. The refinery's gantry price for Premium Motor Spirit (PMS) reached N1,350 per litre, while the estimated import parity price ranged between N1,364.02 and N1,365.02 per litre at the NPSC/ASPM jetty in Apapa. The seven-day average import parity price was higher at N1,371.92 per litre, indicating that importing PMS was N14 to N22 more expensive than drawing it from the refinery.\n\nDiesel prices mirrored this trend, with Dangote's gantry price at N1,850 per litre and the estimated landed cost at N1,933.56 per litre. Coastal PMS prices were listed at N1,330 per litre, while its aviation gas oil (AGO) priced at $1,580.75 per metric tonne. The coastal movements saw 219,000 metric tonnes of petroleum products passing through Lagos, Warri, and Port Harcourt between September 14 and 20, with many vessels being loaded at the Dangote refinery or supplied from other sources.\n\nDespite the rising import costs, Dangote's products continue to play a significant role in Nigeria's coastal supply chain. The refinery's gantry prices, which include regulatory charges, reflect the economics of importing petroleum products amidst fluctuating international prices, exchange rates, freight, and landing costs.",
  "summary": "Dangote Refinery is gaining an advantage over other fuel suppliers as the cost of importing petrol and diesel into Nigeria rises above the company's selling prices. According to the Major Energies Marketers Association of Nigeria's latest Energy Bulletin, Dangote's gantry price for Premium Motor Spirit (petrol) was N1,350 per litre as of September 17, 2026, compared to an estimated import parity price of between N1,364.02 and N1,365.02 per litre at the NPSC/ASPM jetty in Apapa. The seven-day average import parity price was even higher at N1,371.92 per litre, indicating that importing petrol was about N14 and N22 per litre more expensive than drawing the product from Dangote. This price gap has led oil marketers to lift more petroleum products from the Dangote Petroleum Refinery.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "Dangote refinery gains edge as fuel import costs rise",
        "url": "https://urgent.news/2026/09/21/dangote-refinery-gains-edge-as-fuel-import-costs-rise-9034068",
        "published": "2026-09-21T23:42:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}