The global aviation fuel market could be reshaped after Russia suspended jet fuel exports through November, creating a supply gap that could help Nigeria’s Dangote Refinery expand sales and strengthen its position in the market.
In a move that highlights growing pressure on Russia's energy sector, the government imposed a temporary ban on jet fuel exports until November 30.
Officials said the decision was intended to stabilize domestic fuel supplies as the country faces refinery disruptions caused by Ukraine's escalating attacks on energy infrastructure. The restriction will not apply to fuel deliveries made under intergovernmental agreements, allowing certain strategic export commitments to continue.
The move removes another major supplier from an already strained global jet fuel market at a time when airlines and fuel traders are scrambling for alternative sources.
Russia’s decision to halt jet fuel exports until the end of November could create a rare six-month opportunity for Nigeria’s Dangote Petroleum Refinery to deepen its hold on key aviation fuel markets across Europe and Africa.
