Dangote refinery surpasses US supply, exports N757bn jet fuel to Europe – Report
Nigeria’s Dangote Petroleum Refinery has reportedly surpassed US suppliers in jet fuel exports to Europe, shipping aviation fuel worth an estimated N757bn in June alone.landslide+2 Industry data cited in the report show that flows of jet fuel from Nigeria to Europe rose from 232,000 metric tonnes in May to 466,000 metric tonnes in June, with Dangote accounting for the bulk of the cargoes. Analysts say the refinery’s surge in exports is linked to global supply disruptions caused by the US–Iran war and Middle East tensions, which have tightened aviation fuel availability and pushed European buyers to seek alternative suppliers. The report notes that Dangote’s shipments to Europe in recent months have outpaced volumes from some traditional suppliers, including the United States, reinforcing its status as one of the world’s leading jet fuel exporters Efforts to ramp up output at the […]