Overview
- Dangote said it sold 12 cargoes totaling 456,000 tonnes of refined products on a Free on Board basis to international traders for delivery to Cote d'Ivoire, Cameroon, Tanzania, Ghana and Togo.
- The shipments include Premium Motor Spirit following the refinery's ramp-up to 650,000 barrels per day in February.
- The company says its capacity allows it to meet or exceed Nigeria's domestic fuel needs while serving regional demand.
- Management links the export move to a war-related squeeze on oil flows through the Strait of Hormuz and higher global prices, with Brent cited around $104 a barrel in reporting.
- Dangote highlights Euro 5 gasoline and diesel for West Africa, while South Africa is reportedly negotiating a 12‑month supply deal and a spokesman notes requests for jet fuel from outside Africa.