NewStats: 3,262,811 , 8,178,236 topics. Date: Tuesday, 03 June 2025 at 04:48 PM 2r5b5e

The Dangote Petroleum Refinery has begun the export of refined petroleum products to neighbouring West African countries, a sign to traders that the mega-refinery’s operations could soon potentially shake up regional fuel markets.

A report by Bloomberg on Tuesday, quoting data sourced from Vortexa, Kpler, Precise Intelligence, a port report, and ship-tracking platform, said a tanker has hauled a shipment of gasoline from the Dangote Petroleum Refinery to waters off the coast of Togo, a neighbouring West African country.

The report said a CL Jane Austen recently loaded more than 300,000 barrels from Dangote and sailed west.

Recall that last month, the chairman of the Ghana National Petroleum Authority, Mustapha Abdul-Hamid, said the country is considering buying petroleum products from the Dangote refinery to help the country cut more expensive exports from Europe which cost the country about $400m monthly.

The chairman of NPA, Ghana, who spoke at the OTL Africa Downstream Oil Conference in Lagos, said importing from Nigeria rather than Europe would reduce the prices of other goods and services by removing freight costs.

“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,” Hamid said.

Similarly, The PUNCH exclusively reported two weeks ago that the refinery was set to begin fuel exports to South Africa, Angola, and Namibia.

It added that four other African countries – Niger Republic, Chad, Burkina Faso, and Central Africa Republic – had also started negotiations with the refinery.

A highly credible source, who confirmed this exclusively to one of our correspondents, said the management of the 650,000bpd capacity refinery was at the advanced stages of talks with the countries to start lifting fuel.

“I can confirm to you that talks are actually at the advanced stage with Ghana, Angola, Namibia, and South Africa, while the initial discussion is coming up with Niger, Chad, Burkina Faso, and the Central African Republic,” the source said.

The report further stated that the petroleum product shipment is now floating off the coast of Lome, a popular area for ship-to-ship transfers.

It’s also not certain where the CL Jane Austen’s cargo will ultimately end up.

Although it’s off Togo, the area is often used for Ship-to-ship transfers, meaning the fuel could subsequently be taken elsewhere.

“While the shipment is tiny in the context of the global gasoline market, it signals the ramp-up of Dangote’s production and the potential to export significant volumes of gasoline beyond Nigeria, which could upend regional markets.”

The refinery last month shipped its first seaborne gasoline cargo to the nearby commercial hub of Lagos.

Whether large amounts of Dangote’s gasoline output end up being exported remains to be seen.

Last month, the Federal Government ended its state-owned oil company’s monopoly on buying the fuel from the plant for domestic use but has allowed the continued importation of fuel from Europe and the US in line with the regulatory act.

According to the report, a Dangote spokesperson didn’t respond to a request for comments.

https://punchng.com/dangote-refinery-begins-fuel-export-to-wafrican-countries/

Favourdays1:
Is Nigeria a country?
Charity should begin at home

Local marketers say it is too expensive but foreign ones are buying.

In Nigeria, charity begins from outside.
Well I don't blame Dangote cos he's a business man and his first aim will be to make profit.

That has always been his target.
Buy crude in naira, export products in dollars while maintaining a high price of fuel in Nigeria

Hope he will live forever to enjoy all the money he is accumulating

This is just the beginning.

The impact of this refinery will be felt in the entire region.

odejimioflagos:
This is just the beginning.

The impact of this refinery will be felt in the entire region.

But not felt at home, in Nigeria as import continues?

We knew he had that in mind

Good development.

Mindlog:


But not felt at home, in Nigeria as import continues?

Importing sub-standard pms to knock our engines.

How is then that not felt?

God bless Aliko Dangote.

abc115:
Dangote Petroleum Refinery has begun the export of refined product.

https://punchng.com/dangote-refinery-begins-fuel-export-to-wafrican-countries/

This refinery, the more you know, the less you understand. Nlfpmod, we don't have adequate supply, people are even too poor to buy. I can't blame Dangote, he is doing his business.

Humanity first before money. I know you are into business to make profit but atleast have some conscience

God knows best sha.

Someone please assist me with any amount for foodstuffs please I'm starving 🙏🥺

Dangote and his part owner NNPCL should be investigated for wasting Nigerians time and resources.

abc115:


https://punchng.com/dangote-refinery-begins-fuel-export-to-wafrican-countries/

.

The Media should stop disturbing the public with Dangote's person business. There is nothing in it for us to gain.

Good. All the best

Dangote stalled refinery begin full operation under this government

Enough of dangote news abeg.

Are they paying seun.??

Shey na fuel wey never reach us... Sometimes I wonder the state of mind of those making policies... You haven't served the nation, you're exporting

Greed greed greed

The money Dangote will generate will be humongous! No one will see his back. I recall how some ignormauses yabbed him on TwitterNG for building a refinery simply because top American billionaires came from tech.

Mumu people that don't know their environment and what it needs.

jaxxy:
Dangote and his part owner NNPCL should be investigated for wasting Nigerians time and resources.

True

Better coz we are yet to feel the positive impact of the refinery on the masses.

GindoX:
Shey na fuel wey never reach us... Sometimes I wonder the state of mind of those making policies... You haven't served the nation, you're exporting

It's really sad

Favourdays1:
Is Nigeria a country?
Charity should begin at home

So he should force marketers to buy his fuel? They said , his fuel is expensive........
Dangote is a businessman, not running a charity organization.....

Let me tell you , before January Fuel price will hit 1,500 - 2000 naira only

Fuel wer never reach us

We have always been good in exporting what we don't have in an abundance. Funny kwantiri

A private man, while the government keeps dishing propaganda and government magic, the money is definitely going into Dangote's pocket.

lol

GindoX:
Shey na fuel wey never reach us... Sometimes I wonder the state of mind of those making policies... You haven't served the nation, you're exporting

So he should force Nigerian marketers to buy from him? Why can't your government fix their refineries?

Dangote should ignore Nigeria crude oil .....Buy his crude oil from serious countries....... Nigeria is not a serious country

Useless corn3
Stupid ppl

Na una fuel dem dey carry go give outsiders so after una donate $20B to build d refinery!

Goodluck to him

helinues:
Good. All the best

Dangote stalled refinery begin full operation under this government

A man needs to work