By Timothy Samuel
Airlines attest to their acquisition of the Jet A1 from Dangote.
Airline Operators in Nigeria have confirmed that they are purchasing Jet A1 fuel from Dangote’s refinery.
The spokesperson for Airline Operators of Nigeria, Prof Obiora Okonkwo, told The PUNCH, “AON is already buying Jet A1 from Dangote a few months back.”
“AON is already buying Jet A1 from Dangote a few months back,” Prof. Obiora Okonkwo, spokesman for the Nigerian airline operators, told The PUNCH.
He clarified that location was one of the variables that affected the price of Jet A1 gasoline.Speaking on condition of anonymity, an industry representative clarified that the business looked into local sourcing options because of the high cost of imported Jet A1.
We expressed interest in collaborating with Dangote during our meeting. Since Jet A1 is excessively costly and remains so due to its importation, that is the reason we expressed interest in collaborating with them,” the official said.
The official said that sourcing Jet A1 from a Nigerian refinery would likely reduce the cost, noting, “If we can get enough from a Nigerian refinery, it should be less expensive than when imported.Dangote and NNPC began arguing while we were still talking.
Dangote stated that it cannot speak to us till the issue is settled. Thus, it hasn’t provided us with any input.
While there was a proposed price from Dangote’s side, the source noted that the issue had not been concluded.
We haven’t talked about quantity because the conversation didn’t proceed; we can’t get to that point without a price. Yes, he did suggest a price, but until the dispute with NNPC is resolved, that price is not yet final,” he clarified.
According to the source, the number of airplanes operating in the nation affects how much A1 gasoline is required.The capacity determines the demand for Jet A1.
I might have eight planes flying today and six tomorrow. “I will make a lower demand today than I did yesterday,” the official said.Recall that the Federal Government recently approved Dangote Refinery as the sole supplier of jet fuel to Nigeria’s airline operators.
The Minister of Aviation and Aerospace Development, Festus Keyamo, revealed that with the approval, the airline operators agreed to designate the Dangote refinery as the sole provider of jet fuel for the aviation sector.
The approval follows the Federal Government’s recent implementation of a naira-for-crude agreement with Dangote and other local refiners.
