US EditionNigeria: Dangote Refinery Sells PMs Cargoes to Cote d'Ivoire, Cameroon, 3 Others
Dangote Refinery exported 456,000 tonnes of Euro 5 gasoline and diesel to five African countries amid Middle East conflict disruptions, boosting regional energy security, the refinery said.
- On Sunday, Dangote Refinery confirmed it sold 12 cargoes totaling 456,000 tonnes to Ivory Coast, Cameroon, Tanzania, Ghana and Togo, amid rising global oil prices.
- After reaching 650,000 barrels a day capacity in February, the refinery sold PMS cargoes to Cote d'Ivoire, Cameroon, Tanzania, Ghana and Togo amid Middle East war disruptions.
- The refinery sold 12 cargoes totalling 456,000 tonnes on an FOB basis to end international traders, including Premium Motor Spirit .
- The exports are expected to enhance regional energy security and lower costs, while South Africa is negotiating a 12-month fuel supply deal with Nigeria, Dangote said.
- Before 2024, Nigeria imported almost all its fuel, and petrol prices recently rose from 650 naira per litre to over 1,300 naira, despite pledges to prioritize the domestic market.
13 Articles
13 Articles
Iran war drives interest in Dangote refinery fuel
The Dangote oil refinery has received growing interest from African governments keen to sustain fuel availability as the Iran war constrains supplies. South Africa inquired about a 12-month supply contract with the Lagos-based refinery, according to Bloomberg, while Ghana and Kenya have also expressed interest.The plant, Africa’s largest refinery, said trading companies that buy its fuel products have shipped 456,000 tonnes to Cameroon, Côte d’I…
Nigeria's Dangote Refinery to help save SA motorists a fortune?
Nigeria’s Dangote mega-refinery says it has begun exporting fuel to other African countries, after global oil prices soared due to the Middle East war. The three-week-long war in the Middle East has disrupted oil deliveries through the key Strait of Hormuz, forcing countries to take measures to limit the impact of price rises. Dangote Refinery, which is owned by Africa’s richest man Aliko Dangote, announced late on Sunday it had sold 12 cargoes …
Dangote Refinery Exports 456,000 Tonnes of Fuel to Five African Countries
By Adedapo Adesanya The Dangote Petroleum Refinery said it has strengthened Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totalling 456,000 tonnes of refined petroleum products. The shipments by traders, destined for countries such as Cote d’Ivoire, Cameroon, Tanzania, Ghana, and Togo, represent the refinery’s export of […]
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