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Depot Owners Purchase Over 439 Million Litres of Diesel From Dangote in July

Samuel Suraju
BySamuel Suraju
Depot Owners Purchase Over 439 Million Litres of Diesel From Dangote in July
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Domestic depot owners and downstream marketers purchased about 360,000 metric tonnes (MT), equivalent to 439 million litres, of Automotive Gas Oil (AGO), commonly known as diesel, from the Dangote Petroleum Refinery in July 2026, with Masters Energy recording the largest identified volume, according to a loading operations schedule obtained by Petroleumprice.ng.

The loading schedule, analysed by Petroleumprice.ng, shows that identified domestic marketers accounted for 360,000 MT of diesel lifted from the refinery during the month. The figure excludes cargoes allocated to international trading firms and other non-domestic offtakers.

Masters Energy recorded the highest identified purchase, taking 36,000 MT aboard the Leste for Lagos. The vessel arrived and berthed on July 1 before departing on July 2.

AA Rano followed with 35,000 MT loaded aboard the Oluwajuwonlo. The vessel arrived on July 21, berthed on July 22, and sailed on July 23 for Lagos.

Rainoil purchased 33,000 MT through two cargoes. It received 15,000 MT aboard the Princess Oge for Warri and another 18,000 MT aboard the Pinarello, with the cargo destined for Warri and Lagos.

NIPCO and Gulf Treasures each purchased 30,000 MT. NIPCO's cargo was loaded aboard the UM Minami, which arrived on July 13, berthed on July 14, and sailed on July 15 for Lagos. Gulf Treasures received its volume aboard the Leste, which loaded the cargo on July 20 for Lagos.

Asharami and Sahara Energy each accounted for 25,000 MT of AGO from combined AGO and aviation turbine kerosene cargoes. Asharami's allocation formed part of a Walga shipment carrying 25,000 MT of AGO and 5,000 MT of ATK, while Sahara Energy's allocation came from a similar UM Balwa cargo.

Prudent Energy purchased 20,000 MT aboard the SL Aremu. The vessel arrived and berthed between July 7 and July 8before sailing for Lagos.

MEA Energy also received 20,000 MT through two separate cargoes. The Ellie M II carried one shipment to Lagos on July 6, while the Ilhaam transported another 20,000 MT on July 28.

SID Energy and WYSST Energy were allocated 16,000 MT aboard the Ashabi. The vessel arrived on July 9, berthed on July 11, and sailed on July 12 for Lagos.

Kaston purchased 15,000 MT aboard the UM Yoshino for Port Harcourt. The vessel berthed on July 18 and sailed on July 19.

Fynefield also received 15,000 MT aboard the Princess Oge, with the cargo destined for Calabar. The vessel arrived on July 18, berthed on July 19, and sailed on July 20.

Eterna Plc purchased another 15,000 MT aboard the Zonda for Lagos. The vessel departed on July 24.

Octavus accounted for 10,000 MT of AGO across two combined AGO and ATK cargoes. It received 5,000 MT from the Walga cargo allocated alongside Asharami and another 5,000 MT from the UM Balwa cargo allocated alongside Sahara Energy.

Overall, the loading schedule shows that identified domestic marketers purchased 360,000 MT, equivalent to approximately 439 million litres, of AGO from Dangote Refinery in July.

The July records exclude AGO cargoes allocated to international trading companies, including BP, and other non-domestic offtakers. The analysis therefore focuses on regular Nigerian downstream marketers and depot owners sourcing diesel directly from the refinery.

Masters Energy accounted for the largest identified purchase, followed by AA Rano, Rainoil, NIPCO and Gulf Treasures, while the other identified marketers accounted for the remaining volumes.

The July loading pattern shows the range of domestic buyers sourcing diesel from Dangote Refinery, with cargoes distributed to major petroleum markets including Lagos, Warri, Port Harcourt and Calabar.

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About the Author

Samuel Suraju

Samuel Suraju

Suraju Samuel M. is a Nigerian journalist and energy sector analyst specializing in petroleum markets, downstream pricing dynamics, and energy policy. His reporting focuses on Nigeria’s oil and gas industry, including refinery operations, depot pricing movements, regulatory developments, and global oil market trends. He provides data-driven coverage of the downstream sector and its implications for energy security and market stability.

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Depot Owners Purchase Over 439 Million Litres of Diesel From Dangote in July