Dangote Refinery unveils plan to increase Southern African Fuel Supply from Namibia

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Dangote Petroleum Refinery is set to construct storage tanks in Namibia to hold at least 1.6 million barrels of gasoline and diesel, aimed at supplying refined fuel to southern Africa. This strategic move underscores the refinery’s ambition to dominate fuel supply in Africa and beyond, potentially reshaping energy trade flows in the region.

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The storage tanks, to be located in the port city of Walvis Bay, will be used to supply fuel to countries including Botswana, Namibia, Zambia, and Zimbabwe, with potential expansion to southern Democratic Republic of Congo. This development highlights the refinery’s growing presence in the global market, following its recent sale of gasoline to Asia, marking its first export outside West Africa

The 650,000 barrels per day refinery, built at a cost of $20 billion, has been ramping up production and seeking new markets since starting operations last year. According to Dangote refinery, at full capacity, the plant would produce enough to meet demand in Nigeria and export the rest.

A Namibia Ports Authority official confirmed the plans, stating that the storage tanks would be housed within the Walvis Bay harbour, with construction expected to begin shortly. While the cost of the project remains unclear, this initiative demonstrates Dangote’s commitment to expanding its footprint in the region and enhancing access to refined products for southern African nations

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