Dangote Petroleum Refinery has retained its position as Europe’s largest supplier of imported jet fuel for the second consecutive month, overtaking the United States as the continent increasingly diversifies its fuel supply sources amid shifting global trade flows.
The refinery said on Thursday that the feat highlights its growing role in the international refined petroleum products market, with Europe relying more heavily on Nigerian-made aviation fuel.
“Dangote Petroleum Refinery & Petrochemicals 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 stated.
According to import data compiled by global commodities intelligence firm Kpler, the 650,000 barrels-per-day refinery exported more than 400,000 tonnes of jet fuel to Europe in July, accounting for about 20 per cent of the continent’s total jet fuel imports during the month.
The July performance followed a record 466,000 tonnes shipped to Europe in June, when Nigeria first displaced the United States as the region’s biggest supplier of imported aviation fuel.
