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Dangote Refinery: Is Africa’s largest refinery finally ready?
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Nigerian President Muhammadu Buhari is due to inaugurate the 650,000 b/d refinery on 22 May. But after many years of delays, and with the project running $11 billion over its original $9 billion production cost target, many traders are questioning whether the project is really ready.
In this episode of the Platts Oil Markets podcast, S&P Global Commodity Insights oil news reporter Charlie Mitchell and gasoline editor Matthew Tracey-Cook join Joel Hanley to discuss what the market should expect from this colossal refinery that could change Nigeria’s fortunes.
Further reading, by speaker Charlie Mitchel: Long-awaited Dangote refinery set to shake up WAF crude, products flows
Related price assessments:
Gasoline FOB NWE West Africa Cargo – AAKUV00
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