Dangote Refinery issues March tenders to sell Jet fuel and gasoil

Nigeria’s Dangote Oil Refinery has issued tenders to sell jet fuel and gasoil for March loading, according to a trade source familiar with the matter.

The source, citing a summary of the tender documents, said the refinery is offering up to 44,000 metric tonnes of jet fuel scheduled for loading between March 20 and March 22.

In addition, the refinery is seeking buyers for at least 40,000 tonnes of gasoil with a maximum sulphur content of 50 parts per million. The gasoil cargoes are expected to load between March 15 and March 30.

The refinery did not immediately respond to a request for comment on the tenders.

The move signals continued export activity from the massive facility, which is owned by Nigerian billionaire Aliko Dangote and is expected to significantly reshape fuel supply dynamics in Nigeria and the wider West African region.

Located in the Lekki Free Zone near Lagos, the refinery is one of the largest single-train refineries in the world and has begun gradually ramping up production after years of construction and testing phases.

Market participants say sales of refined products such as jet fuel and gasoil from the facility could help reduce Nigeria’s reliance on imported petroleum products while also supplying regional markets.

Traders are closely watching the refinery’s product tenders as they provide signals about production volumes, operational stability and export flows from the plant.

Gasoil, commonly used as diesel fuel for transport and industrial activity, remains one of the most traded refined petroleum products globally, while jet fuel demand is closely tied to aviation activity.

The Dangote refinery is expected to eventually process up to 650,000 barrels of crude oil per day when operating at full capacity, positioning it as a major supplier of refined fuels across Africa.

Industry analysts say sustained output from the refinery could help ease fuel supply constraints in Nigeria, which has historically relied heavily on imported refined products despite being one of Africa’s largest crude oil producers.

For now, traders say the latest tenders indicate the refinery is continuing to test and expand its refined product marketing as it scales up operations.

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