Nigeria’s 650 000 barrel per day (bpd) Dangote oil refinery has a large surplus of jet fuel and can supply the product \u200call over the world, Chief Executive David Bird said this Tuesday.<\/p>\n
<\/p>\n
With demand on the African continent lower than other regions, the refinery has a surplus to export.<\/p>\n
<\/p>\n
“We’re very grateful to be seen as a reliable, high-quality and dependable supplier able to \u2060land our product competitively all over the world,” Bird said at the S&P Global Energy Middle East Petroleum and Gas Conference in London.<\/p>\n
<\/p>\n
Jet fuel has been one of the fuels most acutely affected by the Iran war and closure of the Strait of Hormuz.<\/p>\n
<\/p>\n
That has presented refiners based outside the Gulf region, such as Dangote, the opportunity to supply global markets. Bird said the refinery is currently running \u200cflat \u2060out at nameplate capacity.<\/p>\n
<\/p>\n
The refinery is planning what Bird described as a “ruthless replication” project to double capacity.<\/p>\n
<\/p>\n
“We will bring 700 000 bpd of fully complex refining capacity on stream by the end of 2028,” Bird said, \u2060adding that long-lead items have been purchased and the company is in the process of awarding construction contracts.<\/p>\n
<\/p>\n
The group could then lift refining capacity to \u20602.1 million bpd with another refinery planned in East Africa, helping it to become a significant player in crude and refined products \u2060flows, Bird said.<\/p>\n
<\/p>\n
Nigeria has gone from fuel scarcity to absolute fuel abundance since the Dangote refinery came online, Bird said.<\/p>\n
<\/p>\n
–Reuters–<\/p>\n","protected":false},"featured_media":36099,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36098","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Nigeria's 650 000 barrel per day Dangote oil refinery has a large surplus of jet fuel and can supply the product \u200call over the world","published_date":"2026-06-02 18:16:36","news_description":"Nigeria's 650 000 barrel per day Dangote oil refinery has a large surplus of jet fuel and can supply the product \u200call over the world","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36098\/revisions"}],"predecessor-version":[{"id":36100,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36098\/revisions\/36100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/36099"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36098"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}