Lagos, Nigeria – Nigeria’s Dangote Refinery is making waves globally. The massive facility, the world’s largest single-train refinery, exported over two million barrels of jet fuel to the United States this March.
Shipping data from Kpler tracks the fuel’s journey. Six cargoes totaling 1.7 million barrels have already landed in US ports. Another 348,000 barrels are heading to Florida. This signals a major shift in fuel trade, showing Nigeria can now compete on the world stage.
Lower Prices Expected for US Airlines
Industry watchers believe this influx of Nigerian fuel could bring good news for US travelers. Lower jet fuel costs may be possible ahead of the busy summer season. “This surge in supply from Nigeria is likely to push jet fuel prices down,” commented Steven Barsamian, COO of TankTiger.
US demand for Dangote Refinery’s fuel is strong. Jet fuel imports hit their highest level since February 2023. This puts pressure on traditional American and European suppliers.
Nigeria’s Growing Energy Clout
Since starting production in January 2024, the Dangote Refinery has also shipped 130 million litres of jet fuel to Saudi Arabia. This cements its position as a vital supplier in the Atlantic region.
Dr Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprises, praised the development. He called the exports a “major pride for Nigeria,” proving the fuel meets international quality standards. “Dangote Refinery is putting Nigeria on the map in the energy sector,” Yusuf added. As the refinery expands its reach, experts see it reshaping fuel trade. This could mean less reliance on imports for Africa and a new role for Nigeria as a top fuel exporter.
