Dangote refinery commences petrol export to West African nations

Date:

Share post:

- Advertisement -

By Udeme Akpan

THE Dangote Petroleum Refinery has started exporting petroleum products to West African countries.

According to Bloomberg, data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, gave this indication, yesterday.

- Advertisement -

Recently, the chairman of the Ghana National Petroleum Authority, Mustapha Abdul-Hamid, said the country was considering buying petroleum products from the Dangote refinery.

Speaking at the recent OTL Africa Downstream Oil Conference in Lagos, he said: “If the refinery reaches 650,000bpd a day capacity, all that volume cannot be consumed by Nigeria alone, so instead of us importing as we do right now from Rotterdam, it will be much easier for us to import from Nigeria and I believe that will bring down our prices.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Dangote stocks decline amid merger denial, forex crisis

By Temitope AinaThe recent decrease in the stock prices of the Dangote Group, which includes Dangote Sugar Refinery...

Again, Dangote Refinery slashes petrol price to N860/litre in Lagos

By Obas Esiedesa, AbujaFor the second time in February, Dangote Petroleum Refinery has reduced the ex-depot price of...

Otedola plans to invest $100m in Dangote refinery

The Chairman of First HoldCo, Femi Otedola, has announced plan to invest $100 million in Dangote refinery.He revealed...

ViewPoint: Why Tanzania Must Still Win the Dangote Refinery

Aliko Dangote’s indication that he may favour Mombasa, Kenya, over Tanga, Tanzania, for his planned 650,000-barrel-per-day Dangote refinery...