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How to Participate in Dangote Fuel Bids – A Step-by-Step Guide via Wigmore Trading

News By wigmoretrading May 12, 2025
How to Participate in Dangote Fuel Bids – A Step-by-Step Guide via Wigmore Trading

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With the Dangote Refinery now issuing monthly fuel allocations for AGO (diesel), PMS (petrol), Jet A1, LPG, and LNG, qualified buyers can participate in its structured fuel tender process to secure consistent, benchmark-priced supply. These Dangote fuel bids are not open-market sales—they are regulated, documentation-driven transactions requiring submission of compliant offers.

If you’re wondering how to participate in Dangote fuel bids, this guide will walk you through the process step by step. Wigmore Trading, a verified facilitator, simplifies your entry by managing bid documentation, pricing strategy, regulatory compliance, and terminal coordination.


What Are Dangote Fuel Bids?

Dangote fuel bids are formal procurement rounds where the refinery offers specific volumes of refined petroleum products to approved buyers. These bids are:

  • Benchmark-linked to ICE (for diesel), NEW (for Jet A1), or Platts (for PMS)

  • Structured and regulated, overseen by DPR, NNPC, and NMDPRA

  • Available monthly, subject to refinery allocation schedules

  • Open to qualified buyers who can meet volume, payment, and compliance requirements


Products Available via Tender

Through Wigmore Trading, you can bid for:

  • AGO 50ppm Diesel – ICE +8/MT (FOB Lagos Terminal)

  • EN590 10ppm – ICE +15/MT (for export markets)

  • Jet A1 Aviation Fuel – NEW +0/MT (CIF or FOB)

  • PMS (Petrol) – Available upon bid acceptance

  • LPG & LNG – Tender-based availability with verified export clearance

All products meet international standards and include full loading documentation (BOL, SGS, COQ, inspection report).


How to Participate in Dangote Fuel Bids – Step-by-Step

Step 1: Express Interest to Wigmore Trading

Send an email or make a phone inquiry with:


Step 2: Receive the Official Bid Format

Wigmore Trading will issue the Dangote-approved tender template, including:

  • Product specifications

  • Pricing structure (benchmark-linked)

  • Submission fields for buyer information, LOI, and payment details


Step 3: Submit Letter of Intent (LOI) with Offer

Your LOI must include:

  • Volume and product requested

  • Benchmark pricing offer (e.g., ICE +8/MT for diesel)

  • Delivery method (FOB or CIF)

  • Company profile and legal documents

  • Proof of funds (POF) or transaction history

  • Intended usage or buyer/end-user details (for compliance)


Step 4: Tender Review & Allocation Approval

Wigmore Trading submits your offer through the authorized refinery interface. Upon approval:

  • An allocation is granted

  • Loading schedules are confirmed

  • Documentation processing begins


Step 5: Loading or Delivery

Wigmore Trading coordinates:

  • Terminal scheduling at Dangote’s coastal facility

  • Inspection (SGS/Intertek)

  • Loading procedures

  • Export documentation and vessel tracking

  • CIF delivery (if selected)


Who Can Participate?

  • Bulk fuel distributors and marketers

  • Aviation and marine logistics providers

  • Industrial fuel buyers and factories

  • OMCs and depot operators

  • Government procurement departments

  • Global petroleum traders

All buyers must meet minimum volume and compliance thresholds.


Why Work with Wigmore Trading?

  • ✅ Direct refinery access via verified tender process

  • ✅ Full support for LOI, bid submission, and pricing strategy

  • ✅ Export and domestic delivery logistics coordination

  • ✅ Transparency in pricing, documentation, and regulatory compliance

  • ✅ Repeat tender participation and allocation tracking

We manage every aspect—from inquiry to loading—so you can focus on your operations.


Call to Action

Ready to participate in Dangote fuel bids?

📩 Email: sales@wigmoretrading.com
🌐 Website: www.wigmoretrading.com

Let Wigmore Trading help you secure your fuel allocation—professionally, transparently, and directly from Dangote Refinery.

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