Africa

Nigeria's Dangote refinery overtakes US as Europe's top jet-fuel supplier

Nigeria's Dangote refinery shipped about 466,000 tonnes of jet fuel to Europe in June, overtaking the United States as the region's top supplier. The shift marks a notable change in cross-continental energy trade.

The industrial facilities of a large oil refinery
The industrial facilities of a large oil refineryPhoto: Jan van der Wolf / Pexels
Rio Times1 h ago

Nigeria's Dangote refinery shipped about 466,000 tonnes of jet fuel to the European market in June. With that volume, the refinery moved ahead of the United States as the region's largest supplier of jet fuel.

One of West Africa's biggest refineries, the plant is increasing its export power as it approaches full capacity. The development points to Africa's growing role in the trade of refined products and to Europe diversifying its supply sources.

Analysts say Dangote's rise could reshape global fuel flows. The refinery's production stability and the trend in European demand will determine the direction of the trade in the months ahead.

EnergyCommoditiesAfricaRio Times
Source: Rio Times
This article is an AI-curated summary of the original story published by Rio Times. The illustration is a stock photo by Jan van der Wolf from Pexels and is not from the original story.

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