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Dangote refinery begins gasoil exports to West African countries, as imports from Europe decline

Nigeria's new Dangote oil refinery is ramping up gasoil exports to West Africa, capturing market share from European refiners, according to traders and shipping data.


According to Reuters, the $20 billion refinery is currently producing a lower grade of gasoil than anticipated as it awaits the restart of units necessary for producing cleaner fuels.

Consequently, the refinery is seeking buyers in neighbouring markets.

In May, gasoil exports from the refinery reached nearly 100,000 barrels per day (bpd), almost doubling April's levels, data from analytics firm Kpler indicated. Most of these exports were directed to other West African countries, with one shipment sent to Spain. 

However, preliminary data for June shows a significant drop in gasoil volumes, although overall oil product exports, including fuel oil, naphtha, and jet fuel, remained relatively high at 225,000 bpd.
Source;
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https://nairametrics.com/2024/07/02/dangote-refinery-begins-gasoil-exports-to-west-african-countries-as-imports-from-europe-decline/

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