Ardova Plc Agrees Bulk Purchase Framework with Dangote Refinery

Ardova Plc, one of Nigeria’s major integrated downstream oil and gas businesses has agreed to a bulk purchase framework with Dangote Refinery in a bid to guarantee supply security at affordable prices for its customers. This framework will see Ardova Plc off take a full slate of petroleum products from the refinery.

According to Ardova, while it has  been a significant offtaker from the refinery since its inception, this new framework will 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 Bola  Tinubu’s drive for competition and improved efficiency in the industry and will see Ardova Plc deliver products at competitive prices nationwide,” Ardova Plc said in a statement.