Energy · 42 views
Dangote refinery drives increase in petroleum shipments from Nigeria
Seaborne petroleum product exports from Nigeria have grown seven-fold since 2023, playing an increasing role in the international market for petroleum products at a time when supplies from other areas have been constrained.
AI Summary
Seaborne petroleum product exports from Nigeria have increased seven‑fold since 2023, expanding the country’s share of the global petroleum market as supplies from other regions have tightened. This surge reflects the growing impact of Nigeria’s new refining capacity on international trade.
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