REPORT:
DANGOTE REFINERY STARTS EXPORTING GASOLINE TO OTHER WEST AFRICAN NATIONS
Written by Ken Onwughara
Petrol from Nigeria's new Dangote facility has been carried by tanker to waters
outside Togo, indicating to traders that the operations of the mega-refinery
may soon disrupt local gasoline markets.
The CL According to data from Vortexa, Kpler, Precise Intelligence, a port
report, and ship-tracking data collated by Bloomberg, Jane Austen recently
loaded over 300,000 barrels from Dangote and proceeded west.
It is currently drifting off the coast of Lome, which is a well-liked location
for ship-to-ship transfers.
Although the shipment is small in relation to the global petroleum market, it
indicates Dangote's production ramp-up and the possibility of exporting
substantial amounts of gasoline outside of Nigeria, which might upend
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