Nigeria’s Dangote refinery is set to export its first gasoline cargo outside West Africa, with a 90,000-metric-ton shipment heading to Asia later this month. This marks a major milestone for the $20 billion refinery, which has so far kept its fuel within West Africa. Analysts view this move as a sign that the refinery’s production has stabilized enough to meet domestic demand while scaling globally. While the sale hasn’t been confirmed officially, a Dangote spokesperson emphasized the refinery’s open-market approach, saying the company sells to the highest bidder, regardless of destination. If true, the development positions Dangote as an emerging player in the international fuel trade, potentially reshaping fuel supply dynamics beyond Africa.
Reuters