Refined Products, Maritime & Shipping, Crude Oil, Wet Freight, Diesel-Gasoil

April 02, 2026

Nigeria's Dangote refinery takes spotlight amid Middle East war

HIGHLIGHTS

Middle East war spurs alternative supply

African megarefinery attracts global demand

As the war in the Middle East has raised the specter of global fuel shortages, Nigeria's new Dangote refinery has garnered increased attention as an alternative supplier. After starting up in 2024, the refinery reached its initial 650,000 b/d capacity for the first time in February 2026 and has experienced rising demand for its products from markets farther afield.

In this podcast, Gary Clark, associate director, EMEA clean refined products at S&P Global Energy, is joined by Matthew Tracey-Cook, senior price reporter for West African refined products, and Kelly Norways, a journalist on the oil news team, to discuss the capacity of Africa's first megarefinery, regional supply risks and where its product could end up.

Related content:

African fuel markets fret over price shocks amid Middle East conflict

Nigeria's Dangote takes spotlight as Gulf distillate exports plunge: Refinery CEO

Nigeria relaxes gasoline import restrictions amid fuel price concerns

Related links:

Gasoline STS Lome: ABNWG00

Diesel Low Sulfur STS Lome: ABNWF00

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