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Dangote Refinery Kicks Off Fuel Exports To West African Countries

Published

3 hours ago

November 20, 2024

The Dangote Petroleum Refinery has officially started exporting refined petroleum products tot neighbouring West African nations, a move that could reshape the regional fuel market.
A Bloomberg report on Tuesday, referencing data from Vortexa, Kpler, Precise Intelligence, and other sources, revealed that a tanker recently transported a shipment of gasoline from the Dangote Refinery to waters near Togo.

LgosTimes Nigeria reports that this development aligns with earlier remarks by Chairman of Ghana’s National Petroleum Authority, Mustapha Abdul-Hamid, who announced plans for Ghana to source petroleum products from the Dangote Refinery.

Speaking at the OTL Africa Downstream Oil Conference in Lagos, Abdul-Hamid explained that importing fuel from Nigeria instead of Europe could save Ghana up to $400 million monthly and reduce freight costs, which would, in turn, lower the prices of goods and services.

“If the refinery reaches 650,000bpd a day capacity, all that volume cannot be consumed by Nigeria alone, so instead of us importing as we do right now from Rotterdam, it will be much easier for us to import from Nigeria and I believe that will bring down our prices,” Abdul-Hamid noted.

Similarly, The PUNCH recently reported that the refinery is gearing up to export fuel to other African countries, including South Africa, Angola, and Namibia.

Negotiations are also underway with Niger Republic, Chad, Burkina Faso, and the Central African Republic.

A source close to the refinery disclosed that talks with several countries are at advanced stages.

“I can confirm to you that talks are actually at the advanced stage with Ghana, Angola, Namibia, and South Africa, while the initial discussion is coming up with Niger, Chad, Burkina Faso, and the Central African Republic,” the source said.

The gasoline shipment mentioned in the report is currently anchored off the coast of Lome, Togo, a hotspot for ship-to-ship fuel transfers.

It remains unclear where the cargo will ultimately be delivered, as such transfers often redirect fuel to other destinations.

While the shipment is relatively small by global standards, it signals the refinery’s growing production capacity and potential to disrupt fuel markets across the region.

The refinery had previously shipped its first gasoline cargo to Lagos, marking the start of its domestic fuel distribution.

Whether a significant portion of the refinery’s gasoline output will be exported in the future remains uncertain.

News

MASSIVE Empowerment: Senator Manu embarks another ICT training Taraba Central (Video)

Published

12 minutes ago

November 20, 2024

Naijablitznews

The Senator representing Taraba Central Senatorial District Manu Haruna has embarked on massive training of students across his constituency in Taraba State.

Recall that before this training, Senator Manu had embarked on similar training in his constituency where over 1000 students benefitted with starter packs.

In this on going program put together by Senator Manu Haruna and the Centre for National Productivity started on Wednesday and is expected to end on Thursday, where the trainees will collect their starter packs consisting of computers and other necessary gadgets.

The program is on going in five local governments namely: Gassol LGA
Sardauna LGA Bali LGA Kurmi LGA
Gashaka LGA.

While declaring the program open, representative of Senator Manu Haruna Director General of his Campaign, Hon Simon Dogari, who also led other members council to the event said:

“This is not the first of its kind that our iconic leader Senator has organized, in the past he had organized similar training programs where over 3,000 students benefitted across our Senatorial District.

He said: ” This particular program will sharpen the skills of all participants to prepare them for the new world order of internet surfing.

“I plead with you all to attend to to your lectures with all seriousness as at the end of this program you will get starter packs consisting of a laptop.

Others who represented Senator Manu at the event include:
Hon Alhassan Hamman Gassol
Alh. Shaibu Ishaka Kurmi
Hon. Abbas Kaura
Hon. Dr Abdullahi Jugulde
Hon. Hassan Bako
Hon. Somalia Sule
Alh. Falalu Manu
Alh. Alhassan Doro
Hon. Mohammed Nagogo
Prof. Yushua Ahmed Bali
Hon. Muslim Aruwa Commissioner for science and Technology Taraba State

News

Pope Francis kicks as Russian invades Ukraine

Published

28 minutes ago

November 20, 2024

Naijablitznews

***Says, action shameful disastrous

By Francesca Hangeior

Pope Francis marked 1,000 days since Russia’s invasion of Ukraine Wednesday, calling it a “shameful disaster for humanity” at an audience attended by First Lady of Ukraine, Olena Zelenska.

“Yesterday marked 1,000 days since the invasion of Ukraine. A tragic anniversary for the victims and the destruction it has caused,” the Argentine pope said at the end of his weekly general audience at the Vatican.

“But at the same time, (it is) a shameful disaster for all humanity,” he added in front of the thousands of faithful gathered in St. Peter’s Square, where Zelenska sat with the first ladies of Armenia, Lithuania and Serbia.

He expressed his closeness to the “martyred Ukrainian people” and called for efforts “so that weapons give way to dialogue”.

Francis then read a letter addressed to him by a Ukrainian student in which he describes the war and how people are suffering.

Russia launched its full-scale attack on Ukraine in February 2022 and since then, the pope has frequently called for an end to the conflict.