By Nelson Utip
Seventy five percent of The Dangote Refinery’s products will be transported by sea to it’s local destinations, the company targets Warri, Port Harcourt and Calabar Ports as it’s destinations though it has the capacity of loading 83 percent of the products by road.
The Vice President of the group’s Oil and Gas business, Devakumar Edwin made this known when he spoke with Arise News as the refinery began distributing Premium Motor Spirit (PMS) on Sunday.
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Edwin noted that it is cheaper to transport the products by sea than road. He stated that Dangote Refinery offers both sea and road export options but prefers the Sea route.
According to him, Products for Calabar, Port Harcourt, Warri, Apapa, and Atlas will be moved by sea, with road transportation coming in when extremely necessary to reduce pressure on road infrastructure and cut transhipment costs.
“We have both exporting facilities by sea and by road. 75% of the production can be evacuated through sea. In fact, now we are ramping up to make it even 100%.
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“Anything going to Calabar, Port Harcourt, Warri, Apapa, Atlas can all be taken through the sea. So only what is imminently required by road can be taken.
“But I also have the facility to load 83% of my production also through road. We have just built-in flexibility but we can avoid all traffic congestion on the road by evacuating through sea and it will also bring down the cost of transhipment.” Edwin said. The Vice President of Dangote Industries further explained that most products destined for central Nigeria will be shipped from Port Harcourt and Warri, while those for the East and Northeast will be moved from Calabar. He clarified that the shift to sea transport will reduce cost and lower the prices for the final consumers.