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Submit LOI for Dangote Petroleum – Step-by-Step Guide via Wigmore Trading

News By wigmoretrading May 12, 2025
Submit LOI for Dangote Petroleum – Step-by-Step Guide via Wigmore Trading

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he Dangote Refinery now supplies large-scale allocations of refined fuels such as AGO (diesel), PMS (petrol), Jet A1, LPG, and LNG via structured tender bidding. To participate in these allocations and initiate a verified purchase process, serious buyers must submit a Letter of Intent (LOI).

If you’re ready to submit an LOI for Dangote petroleum products, this guide will walk you through the required documentation, key formatting details, and how Wigmore Trading supports you through every step—from submission to approval.


What Is an LOI in Petroleum Procurement?

A Letter of Intent (LOI) is a formal document submitted by a buyer indicating:

  • Product interest (e.g., AGO 50ppm, PMS, Jet A1)

  • Quantity requested

  • Preferred delivery terms (FOB or CIF)

  • Price offer (linked to benchmarks like ICE or NEW)

  • Payment method (e.g., LC, SBLC)

  • Company credentials and proof of purchasing capacity

It is a mandatory pre-qualification document for Dangote’s official fuel bidding process.


Products Available via LOI Submission

Through Wigmore Trading, LOIs can be submitted to secure the following Dangote petroleum products:

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

  • EN590 10ppm Diesel – ICE +15/MT

  • Jet A1 Aviation Fuel – NEW +0/MT

  • PMS (Premium Motor Spirit) – Available via approved refinery tender

  • LPG & LNG – Supplied through verified bid acceptance


How to Submit an LOI for Dangote Petroleum – Step-by-Step

Step 1: Contact Wigmore Trading

Start by submitting your product inquiry to Wigmore Trading. Include:

📩 Email: info@wigmoretrading.com
📞 Phone: +234-1-295-1963


Step 2: Receive Official Bid Template

We will send you the Dangote refinery-approved bid format, which outlines:

  • Required LOI structure

  • Benchmark pricing format

  • Supporting documentation


Step 3: Draft & Submit Your LOI

Your LOI must include:

  • Buyer’s company name and address

  • Contact person and position

  • Date of submission

  • Product type and volume

  • Target delivery timeline

  • Benchmark-linked pricing (e.g., ICE +8/MT)

  • Payment method (LC/SBLC)

  • Delivery preference (FOB/CIF)

  • Company profile and proof of funds (POF or BCL)

📝 Wigmore Trading can provide a downloadable LOI template on request.


Step 4: Review and Final Submission

Once your LOI is ready:

  • Submit it through Wigmore Trading’s compliance and procurement team

  • We conduct a pre-bid compliance check and forward it to the refinery allocation board

  • You receive feedback, approval status, or modification request within a few working days


What Happens After LOI Approval?

Once your LOI is approved:

  • An official allocation letter is issued by Dangote

  • A Sales Purchase Agreement (SPA) may follow, depending on volume

  • Loading is scheduled at the refinery terminal

  • Wigmore Trading handles terminal coordination, inspection, customs, and documentation


Why Work with Wigmore Trading?

  • ✅ Authorized facilitator of Dangote refinery product allocations

  • ✅ LOI and bid submission support for new and returning buyers

  • ✅ Transparent pricing aligned with global benchmarks

  • ✅ DPR, NNPC, and customs compliance guaranteed

  • ✅ End-to-end logistics for FOB or CIF delivery

We help you avoid missteps, meet deadlines, and secure real fuel from real refinery sources.


Call to Action

Ready to submit your LOI for Dangote petroleum products?

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

Contact Wigmore Trading today to request your LOI template and begin the fuel bidding process.

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