FILE: President of Dangote Group, Alhaji Aliko Dangote
Dangote Petroleum Refinery has displaced the United States as Europe’s biggest supplier of jet fuel, popularly known as JetA1, for the second consecutive month.
The refinery said this reinforced its growing influence in the international refined petroleum products market. Latest European import data compiled by global commodities intelligence firm Kpler showed that more than 400,000 tonnes of jet fuel produced by the Dangote refinery were delivered to Europe in July.
The volume represented approximately 20 per cent of Europe’s total jet fuel imports during the month, the company said in a statement on Thursday. The development followed a record 466,000 tonnes exported to Europe in June, when Nigeria first displaced the United States as the region’s leading supplier of imported jet fuel.
Europe imported approximately 2.06 million tonnes of jet fuel in July, with Dangote accounting for the single largest share of the imports, ahead of traditional suppliers from the United States and the Middle East.
