DANGOTE REFINERY SOURCED 22% OF JUNE CRUDE FROM OVERSEAS – REPORT

Dangote Refinery sourced approximately 22% of its crude oil requirements for June from international markets, according to a new industry report.

The development highlights the refinery’s strategy of blending local and imported feedstock to optimise operations and maintain high capacity utilisation. While Nigeria remains the primary source of crude for the facility, the inclusion of overseas supplies is seen as a pragmatic approach to ensure consistent production amid domestic supply dynamics.

Industry analysts noted that the move helps the refinery meet its product output targets and supports efforts to reduce reliance on imported refined petroleum products. The report indicates that the refinery continues to ramp up local content while strategically supplementing with international crude grades when necessary.

Dangote Refinery officials have emphasised their commitment to maximising domestic crude utilisation as local production stabilises. The facility has significantly contributed to Nigeria’s energy security since commencing operations.

Stakeholders view the diversified sourcing strategy as positive for operational resilience. The refinery’s growing role in the downstream sector is expected to further influence market dynamics and product availability across the country.