Shipbroking

Dangote Refinery exports first PMS shipment to Cameroon

16/12/2024

In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the first-ever export of 60,000 MT of PMS from Dangote Refinery, Africa’s largest oil refinery, to Cameroon.

Riverlake is proud to have been selected by Mr Antoine Ndzengue, CEO of Neptune Oil, via its shipping subsidiary, Titima SA, to manage all logistical and shipping operations for this groundbreaking transaction.

As a key player in Cameroon’s downstream industry, Neptune Oil continues to expand its range of services and is strengthening the energy security in the region. We look forward to continue supporting the company’s shipping needs and ambition in the future.

Riverlake’s success in executing complex operations like this stems from our deep understanding of the African market, supported by our local presence through our Lagos office and the commitment of our Africa Desk in Geneva.

Earlier this year, Riverlake Lagos Desk also brokered the inaugural lifting of gasoil from Dangote Refinery, further affirming our ability to consistently deliver results across Africa.