The Dangote Petroleum Refinery has issued tenders to sell two fuel cargoes for export, the first from the newly commissioned refinery, trading sources with knowledge of the matter told Reuters. Nigerians have been eagerly looking forward to the release of products from the $20bn Dangote refinery after it was inaugurated in May last year by former President Muhammadu Buhari. It stated that the development came almost a month after the refinery began the production of petroleum products at the expansive facility. On January 12, 2024, Dangote refinery announced that it had commenced the production of Automotive Gas Oil, popularly called diesel, and aviation fuel or JetA1. Sources told Reuters last week that the refinery was preparing to deliver its first fuel cargoes to the domestic market within weeks.

Source: Punch February 15, 2024 07:19 UTC