Dangote Refinery plans to import crude from the United States (US) in the upcoming months.
Gatekeepers News reports that according to traders with knowledge of the matter, Trafigura Group has sold 2 million barrels of WTI Midland to the Dangote refinery for delivery by the end of February. This is the first time that the refinery will purchase non-Nigerian crude.
Earlier this month, Dangote Petroleum Refinery announced the commencement of production of diesel and aviation fuel.
The refinery has so far received six million barrels of crude oil at its two Single Point Mooring (SPM) terminals located 25 kilometres from the shore.
The first crude delivery was made on December 12, 2023, and the sixth cargo was delivered on January 8. The first cargo that arrived at the plant was from Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria and globally, trading over 8 million barrels of crude oil daily.
The Dangote facility received an additional one million barrels of crude bonny light supplied by the Nigeria National Petroleum Company (NNPC Ltd) to further move towards the commencement of the production of refined petroleum products.
The fresh one million barrels of crude from the Shell terminal via the MT Otis owned by Trafigura is the second consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery.
The refinery can load 2,900 trucks a day at its truck-loading gantries, and the products from the refinery will conform to Euro V specifications.
