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Dangote Refinery: Is Africa’s largest refinery finally ready?

Dangote Refinery: Is Africa’s largest refinery finally ready?

FromOil Markets


Dangote Refinery: Is Africa’s largest refinery finally ready?

FromOil Markets

ratings:
Length:
17 minutes
Released:
May 18, 2023
Format:
Podcast episode

Description

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  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 Crude Oil Cabinda FOB Angola vs Angola Dtd Strip - AAGXT00 Crude Oil Bonny Light FOB Nigeria London vs WAF Dtd Strip - AAGXL00
Released:
May 18, 2023
Format:
Podcast episode

Titles in the series (100)

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