Dangote Refinery Ships First Gasoline Cargo to Togo, Pioneering Africa's Energy Market Transformation

Written on 20/11/2024
Business Day NG

In a landmark moment for Africa's energy sector, a tanker named CL Jane Austen has transported over 300,000 barrels of gasoline from Nigeria's newly inaugurated Dangote Refinery to waters off Togo.

This shipment marks the refinery's first export and showcases its potential to reshape regional fuel markets.

Data from Vortexa, Kpler, Precise Intelligence, and Bloomberg ship-tracking reports highlight the refinery's growing significance in addressing Africa's fuel needs and reducing dependency on imports.

The development underscores Dangote Refinery's role in advancing regional energy self-sufficiency and economic growth.



The tanker is currently stationed off the coast of Lomé, a well-known hub for ship-to-ship (STS) transfers, sparking speculation about the final destination of its cargo.

Although this initial export is modest compared to the scale of the global gasoline market, it underscores the ramp-up of production at the 650,000 barrels per day refinery, the largest in Africa.

Championed as a project to end Nigeria’s import dependence for fuel, the 650,000 b/d refinery had been widely expected to market all of its gasoline domestically to service roughly 340,000 b/d of local demand.

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