Dangote Refinery Retains Top Spot As Europe’s Largest Imported Jet Fuel Supplier
Dangote Refinery Retains Top Spot As Europe’s Largest Imported Jet Fuel Supplier Dangote Petroleum Refinery & Petrochemicals has retained its position as Europe’s largest supplier of imported jet fuel for the second consecutive month, reinforcing Nigeria’s growing presence in the global aviation fuel market. According to the latest European import data compiled by global commodities intelligence firm Kpler, the 700,000-barrel-per-day refinery exported more than 400,000 tonnes of jet fuel to Europe in July, accounting for about 20 per cent of the region’s total jet fuel imports during the month. The July performance follows a record 466,000 tonnes of jet fuel exported to Europe in June, when Dangote Refinery overtook the United States to become the continent’s leading external supplier of aviation fuel. Europe imported approximately 2.06 million tonnes of jet fuel in July, with Dangote Refinery accounting for the largest share of the region’s imported volumes, ahead of traditional suppliers from the United States and the Middle East. The refinery’s growing footprint in the European market is reshaping established fuel trade flows across the Atlantic Basin, as European buyers increasingly diversify their sources of supply beyond conventional exporters. Europe has historically relied heavily on refiners in the United States, the Middle East and Asia for aviation fuel. However, Dangote Refinery’s strategic location on Nigeria’s Atlantic coast, combined with its large processing capacity, modern infrastructure and export capabilities, has strengthened its competitiveness in the international market. The refinery’s rising jet fuel exports have been supported by increased production levels. Jet fuel loadings at the Lekki export terminal reached a record 550,000 tonnes in June, while crude deliveries to the refinery climbed to an all-time high of 660,000 barrels per day, providing additional feedstock for higher refined-product output and exports. The latest performance also comes amid changing global energy trade patterns and heightened market uncertainty linked to geopolitical tensions around the Strait of Hormuz. While Europe continued to receive jet fuel supplies from countries including Kuwait, the United Arab Emirates and Oman, changing market conditions have encouraged importers to diversify their procurement strategies. Against this backdrop, Dangote Refinery has continued to strengthen its position as a major supplier of aviation fuel to the European market, while expanding its exports of refined petroleum products to international destinations. Commenting on the refinery’s export performance, its Managing Director and Chief Executive Officer, David Bird, said the company had continued to expand shipments of jet fuel, diesel, petrol and other refined petroleum products to customers across Europe, Africa and other international markets. Bird said the refinery’s expanding export footprint was further strengthening Nigeria’s position as a net exporter of high-value refined petroleum products.
Dangote Refinery Retains Top Spot As Europe’s Largest Imported Jet Fuel Supplier Dangote Petroleum Refinery & Petrochemicals has retained its position as Europe’s largest supplier of imported jet fuel for the second consecutive month, reinforcing Nigeria’s growing presence in the global aviation fuel market. According to the latest European import data compiled by global commodities intelligence firm Kpler, the 700,000-barrel-per-day refinery exported more than 400,000 tonnes of jet fuel to Europe in July, accounting for about 20 per cent of the region’s total jet fuel imports during the month. The July performance follows a record 466,000 tonnes of jet fuel exported to Europe in June, when Dangote Refinery overtook the United States to become the continent’s leading external supplier of aviation fuel. Europe imported approximately 2.06 million tonnes of jet fuel in July, with Dangote Refinery accounting for the largest share of the region’s imported volumes, ahead of traditional suppliers from the United States and the Middle East. The refinery’s growing footprint in the European market is reshaping established fuel trade flows across the Atlantic Basin, as European buyers increasingly diversify their sources of supply beyond conventional exporters. Europe has historically relied heavily on refiners in the United States, the Middle East and Asia for aviation fuel. However, Dangote Refinery’s strategic location on Nigeria’s Atlantic coast, combined with its large processing capacity, modern infrastructure and export capabilities, has strengthened its competitiveness in the international market. The refinery’s rising jet fuel exports have been supported by increased production levels. Jet fuel loadings at the Lekki export terminal reached a record 550,000 tonnes in June, while crude deliveries to the refinery climbed to an all-time high of 660,000 barrels per day, providing additional feedstock for higher refined-product output and exports. The latest performance also comes amid changing global energy trade patterns and heightened market uncertainty linked to geopolitical tensions around the Strait of Hormuz. While Europe continued to receive jet fuel supplies from countries including Kuwait, the United Arab Emirates and Oman, changing market conditions have encouraged importers to diversify their procurement strategies. Against this backdrop, Dangote Refinery has continued to strengthen its position as a major supplier of aviation fuel to the European market, while expanding its exports of refined petroleum products to international destinations. Commenting on the refinery’s export performance, its Managing Director and Chief Executive Officer, David Bird, said the company had continued to expand shipments of jet fuel, diesel, petrol and other refined petroleum products to customers across Europe, Africa and other international markets. Bird said the refinery’s expanding export footprint was further strengthening Nigeria’s position as a net exporter of high-value refined petroleum products.
– By Chigozie Ikpo

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Dangote Refinery Retains Top Spot As Europe’s Largest Imported Jet Fuel Supplier

Dangote Petroleum Refinery & Petrochemicals has retained its position as Europe’s largest supplier of imported jet fuel for the second consecutive month, reinforcing Nigeria’s growing presence in the global aviation fuel market.
According to the latest European import data compiled by global commodities intelligence firm Kpler, the 700,000-barrel-per-day refinery exported more than 400,000 tonnes of jet fuel to Europe in July, accounting for about 20 per cent of the region’s total jet fuel imports during the month.
The July performance follows a record 466,000 tonnes of jet fuel exported to Europe in June, when Dangote Refinery overtook the United States to become the continent’s leading external supplier of aviation fuel.
Europe imported approximately 2.06 million tonnes of jet fuel in July, with Dangote Refinery accounting for the largest share of the region’s imported volumes, ahead of traditional suppliers from the United States and the Middle East.
The refinery’s growing footprint in the European market is reshaping established fuel trade flows across the Atlantic Basin, as European buyers increasingly diversify their sources of supply beyond conventional exporters.
Europe has historically relied heavily on refiners in the United States, the Middle East and Asia for aviation fuel. However, Dangote Refinery’s strategic location on Nigeria’s Atlantic coast, combined with its large processing capacity, modern infrastructure and export capabilities, has strengthened its competitiveness in the international market.
The refinery’s rising jet fuel exports have been supported by increased production levels. Jet fuel loadings at the Lekki export terminal reached a record 550,000 tonnes in June, while crude deliveries to the refinery climbed to an all-time high of 660,000 barrels per day, providing additional feedstock for higher refined-product output and exports.
The latest performance also comes amid changing global energy trade patterns and heightened market uncertainty linked to geopolitical tensions around the Strait of Hormuz. While Europe continued to receive jet fuel supplies from countries including Kuwait, the United Arab Emirates and Oman, changing market conditions have encouraged importers to diversify their procurement strategies.
Against this backdrop, Dangote Refinery has continued to strengthen its position as a major supplier of aviation fuel to the European market, while expanding its exports of refined petroleum products to international destinations.
Commenting on the refinery’s export performance, its Managing Director and Chief Executive Officer, David Bird, said the company had continued to expand shipments of jet fuel, diesel, petrol and other refined petroleum products to customers across Europe, Africa and other international markets.
Bird said the refinery’s expanding export footprint was further strengthening Nigeria’s position as a net exporter of high-value refined petroleum products.
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