• As plant tops US for second consecutive month as Europe’s largest jet fuel supplier
Ndubuisi Francis in Abuja and Peter Uzoho in Lagos
Chairman of Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has stated that the impending Initial Public Offering (IPO) of Dangote Refinery will be a game changer, given the enthusiasm it has generated among investors and the general public.
The rosy development trails the news that Dangote Refinery has strengthened its position as a global supplier of premium aviation fuel after emerging as Europe’s largest jet fuel supplier for the second consecutive month, overtaking the United States and underscoring the refinery’s growing influence on international energy markets.
The refinery now accounts for one fifth of Europe’s jet fuel imports, reinforcing its position as a major force in global aviation fuel trade, market data has shown.
