Dangote Refinery has shipped two jet fuel cargoes to Saudi Aramco.
During a facility tour with directors of the Nigerian Economic Summit Group (NESG) , Aliko Dangote, President of the Dangote Group, emphasized the refinery’s swift advancements.
“We are already achieving our ambitious targets,” Dangote said, “and we are pleased to announce the successful sale of two jet fuel cargoes to Saudi Aramco.”
As the world’s largest energy company, Saudi Aramco’s decision to source fuel from Dangote Refinery underscores the plant’s scale and quality, an industry analyst noted.
Last year, S&P Global reported that British Petroleum (BP) purchased its first jet fuel cargo from Dangote Refinery. Days later, sources confirmed that the shipment, transported via the vessel Doric Breeze, marked BP’s inaugural 45,000-metric-ton cargo from the plant.
S&P Global emphasized that the European-bound shipment signals Dangote Refinery’s expanding market presence. With its 650,000 barrel-per-day capacity, the facility is reshaping established West African trade routes.
In early 2023, Dangote Refinery initiated tenders for its first fuel exports.
The refinery awarded its first 65,000-metric-ton low-sulfur straight-run fuel oil cargo to Trafigura. The second tender, involving approximately 60,000 metric tons of naphtha, followed shortly after.
Singapore, Asia’s leading oil hub, later received its first low-sulfur straight-run fuel oil cargo from Nigeria’s newly operational Dangote Refinery. Ship-tracking data and market sources confirmed this new trade route, filling a supply gap for low-sulfur fuel oil required at Singapore’s major bunkering hub.
Since beginning operations in January 2023, Dangote Refinery has continued ramping up production, refining up to 650,000 barrels per day.
Source: businessday.ng
African Energy Council