The mega Dangote Refinery has exported two consignments of jet fuel to Saudi Aramco, the world’s biggest energy company valued at $1.92 trillion.
The move establishes Dangote Refinery as a global leader in the energy business.
Aliko Dangote confirms jet fuel sales
President of Dangote Industries Limited, Aliko Dangote, disclosed this to the directors of the Nigerian Economic Group (NESG) during the facility’s tour on Tuesday, February 4, 2025, saying the refinery is making giant strides.
Dangote said the facility is already attaining great heights, selling two cargoes of jet fuel to the state-owned Saudi Aramco.
Experts say Saudi Aramco’s patronage of Dangote Refinery shows the quality and size of the refinery.
In 2024, S&P Global reported that British Petroleum (BP) purchased its first jet fuel consignment from the Lekki-based refinery, with sources confirming that the shipment marked the beginning of BP cargo of about 45,000MT.
The development marked a new trade route between the facility and Asia as the Dangote refinery, which started production in January last year, can refine up to 650,000 barrels per day of products.
The refinery is expecting a shipment of 12 million barrels of crude oil from the US as it plans to ramp up production this June.
Meanwhile, several oil marketers are changing their brand names from the Nigerian National Petroleum Company Limited (NNPC) at their fueling stations following the crash in petrol prices by the Dangote Refinery.
The refinery’s actions have sparked an intense price war between the state oil firm, which operates the Port Harcourt and Warri refineries, and the mega refinery owned by Africa’s richest man, Aliko Dangote.
