Pinnacle Oil & Gas has addressed recent claims from Dangote Refinery, emphasising its partnership with the refinery to jointly utilise the Lekki terminal in a bid to enhance Nigeria’s petroleum logistics. The company firmly stated that they share mutual goals, countering allegations of product blending with an assurance of product quality.
In a detailed release, Pinnacle explained that the collaboration aims to streamline distribution from the refinery by linking their facilities, enabling refined products to move efficiently across markets such as Warri, Port Harcourt, and Calabar. The pipeline interconnection agreement, formalised in 2022, remains active, and Pinnacle reported no indication of any change in Dangote’s plans.
Highlighting global examples, Pinnacle compared the Lekki setup to established petroleum hubs in Rotterdam and Ulsan, where multiple refineries and terminals coexist to boost operational efficiency. The company stated that its facility, designed with over 1 billion litres of storage capacity and operational since 2021, supports several players in the Nigerian oil market, saving significant foreign exchange in handling costs.
Rejecting accusations of selling substandard fuel, Pinnacle assured the public that their operations strictly meet Nigeria’s regulatory standards. The facility is positioned as a supportive infrastructure to local refineries, not as a competitor, and remains committed to cost-effective distribution for Nigerians.
Pinnacle affirmed its vision to see the Lekki hub grow as a world-class petroleum centre, potentially serving international markets alongside Nigerian demand.