The Dangote Refinery has made a significant achievement by exporting two cargoes of jet fuel to Saudi Aramco, marking a historic moment as the first-ever jet fuel export from Africa to the global energy giant.
Aliko Dangote, President of the Dangote Group, shared the news with directors of the Nigerian Economic Summit Group (NESG) during a tour of the refinery. He expressed pride in the refinery’s progress, stating, “We are already reaching the ambitious goals we set for ourselves, and we are pleased to announce that we have just sold two cargoes of jet fuel to Saudi Aramco.”
Saudi Aramco, the world’s largest energy company, recognising Dangote Refinery’s capability highlights the refinery’s global stature. Analysts emphasise that this partnership solidifies Dangote’s position as a major player in the global fuel industry.
In 2024, S&P Global reported that British Petroleum (BP) also purchased its first jet fuel cargo from Dangote Refinery. This cargo, aboard the vessel Doric Breeze, marked the refinery’s first shipment of about 45,000 metric tonnes.
The Dangote Refinery, which began operations in January last year, has quickly expanded its reach. The refinery, built at a cost of approximately $20 billion, is capable of processing up to 650,000 barrels of oil per day. This scale allows it to meet both local and international fuel demands, reshaping trade flows in West Africa and beyond.
In 2024, the refinery also exported low-sulphur fuel oil to Singapore, marking a new trade route for the refinery to Asia. Singapore, a major oil hub, has a growing need for low-sulphur fuel oil, particularly for refuelling ships.
As the Dangote Refinery continues to grow, its impact on global fuel markets is becoming increasingly evident, with major international companies turning to the refinery for their fuel needs.
