- Refinery’s entry into the US market coincided with a maintenance-related shutdown at the Phillips 66 Bayway refinery in New Jersey.
By Olawale Lamina
Dangote Petroleum Refinery is set to export jet fuel, which is in the neighborhood of 130 million litres to Saudi Arabia via its three cargoes.
This is another milestone after the refinery’s shipments to the United States market, where it exported over two million barrels of jet fuel in March.
The ship-tracking data from Kpler, revealed that six vessels carrying around 1.7 million barrels of jet fuel from the refinery arrived at the US ports this month. Another vessel, the Hafnia Andromeda, is scheduled to dock at the Everglades terminal on March 29 with approximately 348,000 barrels of jet fuel.
Dangote Refinery, Africa’s largest refinery, with refining capacity of 650,000 barrels per day, is now a key player in global oil and gas trade and export.
Experts have attributed its entry into the US and Saudi markets to the high quality of its products and the growing confidence of international buyers in the products
Three cargoes of Dangote Petroleum Refinery’s jet fuel, amounting to approximately 130 million litres, are set for export to Saudi Arabia.
This follows the refinery’s recent shipments to the United States, where it exported over two million barrels of jet fuel in March, highlighting its growing dominance in the inter
According to ship-tracking data from Kpler, six vessels carrying around 1.7 million barrels of jet fuel from the refinery arrived at the US ports this month. Another vessel, the Hafnia Andromeda, is scheduled to dock at the Everglades terminal on March 29 with approximately 348,000 barrels of jet fuel.
Currently with a refining capacity of 650,000 barrels per day, the Dangote Refinery, Africa’s largest refinery, has positioned itself as a key player in global fuel trade.
Pundits in the oil and gas sector have expressed the view that the company’s entry into the US and Saudi markets came as a result of the high quality of its products and the growing confidence of international buyers in the products.
They equally surmised that the shipments from Dangote Refinery may influence jet fuel prices in the US, especially as the country enters its peak summer travel season.
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