Lagos, June, 2026 – Dangote Refinery has reduced its gantry price of petrol by N75 per litre.
The company disclosed this late on Monday via a circular to marketers.
According to the circular, the new gantry price is N1,175 per litre from N1,250, while the coastal price has also been reduced from N1,595,790 to N1,495,215 per litre.
It said the price reduction was due to new developments in the Iran war that had led to reduction of energy prices globally.
“Following the de-escalation of tensions in the Middle East, which has impacted energy prices. We wish to inform you that we have reviewed our premium motor spirit gantry/coastal price,” the circular stated.
The new gantry price is now N1,175 per litre, down from N1,250, while the coastal price per metric tonne has been reduced from N1,595,790 to N1,495,215.
“Kindly note that all outstanding unloaded gantry volumes will be repriced at the new rate effective 12:00 AM, June 16, 2026.
“We sincerely appreciate your continued patronage and assure you of our unwavering commitment to reliable product supply and excellent service delivery,” the company said. circular
It said the new rates will take effect from midnight.
