August 26, 2026
By Udeme Akpan, Energy Editor
The Dangote Petroleum Refinery has been identified as the key driver behind a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by the United States Energy Information Administration (EIA).
The U.S. agency disclosed that Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per day (bpd) in the second quarter of 2026, a significant increase from the annual average of 79,000 bpd recorded in 2023.
According to the EIA, the growth in exports has strengthened Nigeria’s position in the international petroleum products market at a time when supplies from several other regions have faced constraints.
