Dangote Refinery slashes ex-depot price of Cooking Gas, from ₦810 per kilogram to ₦760 per kilogram
.The Dangote Petroleum Refinery has made a further reduction in the ex-depot price of Liquefied Petroleum Gas (LPG), which could reshape Nigeria’s domestic gas market, decreasing from #810 per kilogram last Wednesday to #760 per kilogram.
This current reduction positions Dangote Refinery Liquefied Petroleum Gas (LPG) as the most affordable option in the local market.
In comparison, both Matrix and Ardova depots have set their price at #920 per kilogram. Meanwhile, A.Y.M Shafa and NIPCO provide their LPG at #910 per kilogram. Stockgap Depot charges the most, with a price of #950 per kilogram.
The disparity in pricing, with Dangote’s rate at #760/kg compared to others priced between #910 and #950/kg, illustrates a difference of #150 to #190 per kilogram. This underscores the refinery’s strategic effort to reshape the market and pressure competitors to lower their prices.
Industry experts suggest that the price difference is part of a strategic move by Dangote Refinery to regulate pricing at depots and combat unwarranted price increases that have historically disrupted the LPG market.
“Dangote’s post-maintenance price cut shows intent, not only to restore volumes but to realign pricing discipline in the domestic LPG market,” an industry analyst said.
