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Dangote Petroleum Refinery, Africa’s largest crude processing facility, is poised to make it’s first gasoline shipment outside the African region, with a cargo bound for Asia. According to a source with knowledge of the plans, the refinery will load 90,000 metric tonnes of gasoline on June 22, destined for Asia.
The cargo, which will be handled by independent oil trader Mercuria, marks the refinery’s first gasoline export outside Africa since it began commercial fuel production. A spokesperson for the Dangote refinery said, “We sell our products to those who are willing to give us the highest price. It’s the buyer’s right to take the products to any destination of their choice.”
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The refinery, which began operations last year, has so far exported gasoline only to the West African region. This development is seen as a potential shift in the refinery’s commercial strategy, signalling growing readiness to compete on a global scale
The 650,000-barrels-per-day refinery has been buying increasing volumes of United States crude WTI in recent months, for both logistical and technical reasons. According to Randy Hurburun, senior refinery analyst at Energy Aspects, WTI offers higher yields of reformate and has better gasoline blending capabilities.
Industry experts say this new export route signals growing confidence in the refinery’s operational capacity and product quality. Clementine Wallop, a director at Horizon Engage, a political risk consultancy, asserted that the decision to export products to Asia reflects increasing confidence in the facility’s production stability. “This development shows the Dangote refinery’s growing global importance as a gasoline supplier, and the company’s confidence that production is now stable enough to meet Nigeria’s domestic needs,” Wallop said.
The Dangote refinery, built by Africa’s richest person, Aliko Dangote, has a total processing capacity of 650,000 barrels per day, making it Africa’s biggest and one of the world’s largest crude processing sites. The refinery is expected to meet 100% of Nigeria’s demand for all refined petroleum products and will also have a surplus of each product for export.
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