https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / African News RSS ← Back
Africa|Europe|Cameroon|Côte D'Ivoire|Ghana|Iran|Nigeria|Tanzania|Togo|Diesel|Gasoline|Jet Fuel|Refining|Aliko Dangote|Middle East|West Africa
||||
africa|europe|cameroon|cte-divoire|ghana|iran|nigeria|tanzania|togo|diesel|gasoline|jet-fuel|refining|aliko-dangote|middle-east|west-africa
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Middle East shock gives Nigeria's Dangote leverage as cheap imports dry up


Close

Middle East shock gives Nigeria's Dangote leverage as cheap imports dry up

Should you have feedback on this article, please complete the fields below.

Please indicate if your feedback is in the form of a letter to the editor that you wish to have published. If so, please be aware that we require that you keep your feedback to below 300 words and we will consider its publication online or in Creamer Media’s print publications, at Creamer Media’s discretion.

We also welcome factual corrections and tip-offs and will protect the identity of our sources, please indicate if this is your wish in your feedback below.


Close

Embed Video

Middle East shock gives Nigeria's Dangote leverage as cheap imports dry up

Dangote oil refiney
Photo by Bloomberg

23rd March 2026

By: Reuters

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Nigeria's Dangote Petroleum Refinery has stepped up gasoline exports across Africa as disruptions to energy flows due to the Iran conflict squeeze traditional fuel supply routes, curbing the cheap imports that long dominated West African markets.

Data from tanker-tracking firm Kpler show Nigeria's exports of clean petroleum products - which include gasoline, diesel, kerosene and jet fuel - have risen to about 214 000 barrels per day so far in March from an average 100 000 bpd in February.

Advertisement

Shipments to other African countries have climbed to about 90 000 bpd from 38 000 bpd previously.

The 650 000 barrel-per-day Dangote refinery has sold 12 cargoes of premium motor spirit, totalling 456 000 metric tons, on a free-on-board basis to international traders, with shipments delivered to Cote d'Ivoire, Cameroon, Tanzania, Ghana and Togo, sources familiar with the deals said.

Advertisement

The sales mark Dangote's first exports of gasoline since the plant reached full capacity in February.

OPPORTUNITIES FOR REFINERS WITH SHORTER SUPPLY CHAINS

The escalating Middle East conflict has pushed up global crude prices, lifting feedstock costs for refiners worldwide. At the same time, shipping disruptions and lower fuel availability from Europe and the Gulf have cut flows of low-cost refined products into West Africa.

That has created opportunities for suppliers with shorter supply chains.

Dangote's owner Aliko Dangote has been sparring with Nigerian regulators over continued petrol imports, which he contends undermine his refinery.

Nigeria halted imports last month. Since then, domestic pump prices have risen more than 50% as the Iran conflict roiled energy markets.

The country consumes an estimated 50-million to 60-million litres of gasoline a day — nearly one-fifth of Africa’s total demand — making fuel availability and pricing acutely sensitive to swings in global markets.

For decades, West Africa has depended heavily on imported fuel cargoes from Europe and the Middle East, often of lower quality, leaving the region exposed to logistical delays and external supply shocks.

As the Dangote Refinery seeks to end all imports, the Middle East crisis is pushing more local fuel traders to seek supply from the refinery.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za