Dangote Refinery set a new export record in September, delivering 172,000 barrels per day (bpd) of refined petroleum products to West African markets as crude receipts at the 700,000 bpd facility climbed to 665,000 bpd.
The latest export volume, tracked by Argus, surpassed the previous record of 152,000 bpd recorded in August, highlighting the refinery’s growing role in the regional petroleum products market.
The refinery supplied gasoline, diesel and gasoil, jet fuel and other clean petroleum products to markets stretching from Senegal to Angola.
Gasoline accounted for 62,000 bpd of the September deliveries, while diesel and gasoil shipments stood at 57,000 bpd.
Jet fuel deliveries reached 36,000 bpd, with other clean petroleum products accounting for the remaining 17,000 bpd.
Argus data showed that Dangote Refinery’s crude intake averaged 665,000 bpd in September, exceeding the previous record of 660,000 bpd recorded in June.
The higher crude intake brings the refinery closer to its nameplate capacity and provides greater scope for increased refined product output for both domestic and export markets.
The record exports came as West Africa reduced its reliance on refined petroleum products imported from outside the region.
According to Kpler data, West Africa imported 516,000 bpd of refined petroleum products from external markets in September, the second-lowest monthly volume since the end of 2017.
Imports from the European Union, the United Kingdom and Norway fell to a five-month low of 282,000 bpd during the month.
Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority also showed that Dangote Refinery produced more diesel and jet fuel than Nigeria consumed between April and August.
Diesel production averaged 130,000 bpd during the period, compared with domestic consumption of 98,000 bpd.
Jet fuel production averaged 136,000 bpd against domestic consumption of 16,000 bpd, creating a significant surplus available for export.
Gasoline production, however, remained below domestic demand. Nigeria’s average gasoline consumption stood at 279,000 bpd between April and August, compared with Dangote Refinery’s average output of 258,000 bpd.
Nigeria also imported an average of 78,000 bpd of gasoline during the period.
