The Dangote Petroleum Refinery has exported 456,000 tonnes of refined petroleum products to five African countries.
The company said it had shipped 12 cargoes of fuel to Côte d’Ivoire, Cameroon, Tanzania, Ghana, and Togo. This comes after the refinery reached its full production capacity of 650,000 barrels per day in February.
The refinery said it sold the products on a Free on Board (FOB) basis to international traders, who handled transporting the fuel to each country.
The company said the exports show it can meet Nigeria’s domestic fuel needs while also supplying other African countries reliably.
It added that the refinery now delivers high-quality Euro 5 gasoline and diesel to countries that have traditionally imported lower-grade fuels.
The refinery noted that exporting fuel from Nigeria helps reshape Africa’s supply chain by reducing the need to source fuel from distant suppliers, like those in the Persian Gulf.
By supplying neighboring countries, the company is boosting energy security in West, East, and Central Africa while lowering costs and avoiding delays linked to long-distance imports.
The company expects this move to strengthen trade ties between Nigeria and other African nations and position the refinery as a major energy player in the region.
Industry reports show that African countries that previously relied on overseas refineries are increasingly turning to Dangote for a closer, more efficient fuel source.
source: chronicle.ng
African Energy Council