The Dangote Petroleum Refinery has successfully exported 456,000 tonnes of refined petroleum products through 12 cargoes lifted by international traders.
This is according to sources inside Dangote Refinery who shared this information with Nairametrics.
The sources indicate the shipments, comprising Premium Motor Spirit (PMS), were delivered to multiple African destinations, including Côte d’Ivoire, Cameroon, Tanzania, Ghana, and Togo.
The development comes after the refinery reached its nameplate capacity of 650,000 barrels per day in February.
Dangote Refinery which supplies most of Nigeria’s domestic needs has now expanded to other African markets as the war between Iran, the US and Israel piles pressure on global demand for petroleum Products.
“The Dangote Petroleum Refinery has strengthened Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes, by traders, totaling 456,000 tonnes (456KT) 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 Premium Motor Spirit (PMS) since achieving 650,000 barrels a day capacity in February.”
“The products were sold on a FOB (Free on Board) basis to the end international traders for deliveries to the above-identified countries of export.”
Sources say the milestone shows the refinery’s ability to meet Nigeria’s domestic fuel demand while also scaling exports to regional markets.
