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Dangote Refinery ships first jet fuel cargo to Europe

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Dangote Petroleum Refinery has exported its first jet fuel cargo to Europe.

A report by S&P Global, a British multinational, indicate that Dangote is presently transporting its first jet fuel cargo to Rotterdam from the refinery.

While quoting four market sources, the publication said this was after being awarded part of a 120,000 metric tonnes (MT) tender offered for the end of May.

Two sources confirmed that the Doric Breeze ship marked the inaugural BP cargo, loading 45,000 mt of supply from Lekki on May 27, according to S&P Global Commodities.

Also, Cepsa secured part of the tender, with the Spanish refiner expected to deliver supply to the continent imminently.

Neither of the companies were available for comments on purchases of jet fuel from the refinery, while a representative from Dangote previously confirmed to S&P Global Commodity Insights that the refinery has complied with European jet A1 standards since the product first started being shipped within Africa in April.

The inaugural European shipment demonstrated the growing reach of products from the 650,000 bpd Dangote refinery as it has rapidly ramped up operations and aims to shake up established West African trade flows.

Meanwhile, this initial European delivery highlights the growing influence of Dangote refinery, which has quickly increased its operations and aims to alter traditional West African trade routes.

Since April 8, Dangote has exported six jet fuel and kerosene cargos to destinations including Senegal, Togo, and Ghana, according to CAS data. BP is anticipated to continue supplying jet fuel to the West African market from the refinery, sources noted.

Dangote’s export portfolio is expected to evolve with further ramp-ups. To date, the refinery has exported naphtha, fuel oil, and gasoil to Europe, Africa, and Asia. However, naphtha exports might reduce as the refinery gears up for gasoline production, according to a representative for Dangote.

Since April, Dangote has been exporting roughly four naphtha cargos per month to Europe, though these volumes might decrease to enhance domestic gasoline blending supplies once the fluid catalytic cracker becomes operational.

The refinery anticipates its first gasoline supplies in June, slightly postponed from an earlier May projection. By the third quarter, Dangote aims to produce ultra-low sulfur diesel suitable for export to Europe.

The Dangote refinery, part of an integrated refinery and petrochemical complex in the Lekki Free Zone near Lagos, is the world’s largest single-train facility, producing Euro-V quality petrol, diesel, jet fuel, and polypropylene.

At full capacity, it will double Nigeria’s refining capacity, meeting growing fuel demands and providing significant cost and currency savings.

The 2,635-hectare refinery site near the Lekki Lagoon is strategically located for the transshipment of refined products to international markets.

With an annual refining capacity of 10.4 million tonnes of gasoline, 4.6 million tonnes of diesel, and 4 million tonnes of jet fuel, the refinery will also produce significant quantities of polypropylene, propane, sulfur, and carbon black feed.

 

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