Dangote refinery to jet fuel surplus for global export

The Dangote Petroleum Refinery in Nigeria is producing a substantial surplus of jet fuel and is positioned to become a major supplier to global markets, according to its chief executive. David Bird made the announcement during a speech at an energy conference in London.

Bird stated the 650,000-barrel-per-day refinery is currently operating at full capacity and has a significant amount of aviation fuel available for export. He attributed this opportunity in part to lower regional demand within Africa compared to other parts of the world. The executive said the refinery is seen as a reliable and competitive supplier globally.

His comments come amid ongoing volatility in global energy markets linked to geopolitical tensions, which have raised concerns over supply disruptions and contributed to elevated jet fuel prices. These conditions have created openings for refiners outside traditional supply hubs to expand their international exports.

The situation contrasts with persistent challenges within Nigeria's own aviation sector, where domestic airlines have repeatedly warned about the strain caused by soaring costs of Jet A1 fuel. Operators have reported operational difficulties,...