Dangote Petroleum Refinery has initiated tenders to sell two fuel cargoes for export.
These two cargoes are the inaugural exports from the recently commissioned refinery.
The refinery with capacity of 650,000 barrels per day, has contracted Trafigura for the first shipment, totalling 65,000 metric tons of low-sulphur straight-run fuel oil, scheduled for loading at the end of February
A report by Reuters quoted three sources to have said the second tender encompasses approximately 60,000 tons of naphtha. Two of the sources, the report said, specified that the tender is slated to conclude on February 15th, while details regarding loading arrangements remain pending.
Earlier reports had stated that regulatory approvals were causing a delay in Dangote Petrochemical Refinery’s plan to introduce aviation fuel (Jet A1) and diesel for sale in the Nigerian market in January.
Trafigura Group, according to reports, has sold 2 million barrels of WTI Midland to the Dangote refinery for delivery by the end of February. This marks the first time the refinery is buying non-Nigerian crude.
According to reports, the refinery was preparing to deliver its first fuel cargo to the domestic market within weeks.
