Fuel price: Three refineries in Nigeria to sign a direct purchasing agreement with PETROAN

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 PETROAN, the Petroleum Products Retail Outlets Owners Association of Nigeria, has declared its intention to enter into a direct purchase deal with three refineries in Nigeria.

The announcement states that in order to guarantee that petroleum products are reasonably priced for Nigerians all throughout the country, the agreement is anticipated to begin on Wednesday. The notice said, “This is to notify you that PETROAN will be signing a Sales Purchase Agreement (SPA) with Oasis Petrochemical Products Limited, a Refined Petroleum Products Offtake and Sales Agreement with Claridge Petroleum Company Limited, and a Sales Purchase Agreement (SPA) with Allegiance Energy and Power Limited, respectively.”

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