Nigeria has retained its place at the centre of Europe's imported jet fuel market, with Dangote Petroleum Refinery emerging as the continent's largest supplier for a second consecutive month.
The latest export data shows the Lekki-based refinery again supplied more jet fuel to Europe than the United States, extending a breakthrough first recorded in June and adding fresh fact to Nigeria's growing presence in international fuel trade.
Figures compiled by global commodities intelligence firm Kpler indicate that Europe imported about 2.06 million tonnes of jet fuel in July. More than 400,000 tonnes came from Dangote Refinery, representing roughly 20 percent of the month's total imports. That was enough to place the Nigerian refinery ahead of established suppliers from the United States and the Middle East.
The July performance follows an even larger shipment in June, when Dangote exported a record 466,000 tonnes of jet fuel to Europe. Those exports enabled Nigeria to overtake the United States as Europe's leading external supplier of aviation fuel for the first time. Holding on to that position a month later suggests the refinery is becoming an established source of supply rather than a temporary entrant.
Dangote Petroleum Refinery & Petrochemicals said in a statement on Thursday that the result reflects its expanding role in the global aviation fuel market and its ability to consistently meet the quality standards required by international customers.
The refinery attributed its performance to a combination of scale, technology, export capability and its location on Nigeria's Atlantic coast. Together, those advantages have allowed it to compete in a market long supplied by refiners in the United States, the Middle East and Asia.
Production has continued to rise alongside exports. Jet fuel loadings at the Lekki export terminal reached a record 550,000 tonnes in June, while crude deliveries to the refinery climbed to an all-time high of 660,000 barrels per day, providing the volumes needed to sustain higher exports.
The shift also reflects changes in the global energy market. Europe imported limited quantities of jet fuel from Kuwait, the United Arab Emirates and Oman during July, but disruptions around the Strait of Hormuz and other geopolitical developments have encouraged buyers to widen their supplier base.
Dangote Refinery said those changing market conditions have created opportunities for new suppliers capable of delivering consistent volumes without compromising international quality standards.
David Bird, Chief Executive Officer of Dangote Refinery, said the company's export business now extends beyond aviation fuel to diesel, petrol and other refined petroleum products shipped to customers across Europe, Africa and other parts of the world.
According to Bird, the expanding export portfolio is strengthening Nigeria's position as a net exporter of high-value refined petroleum products.
Retaining the top spot for a second consecutive month points to Nigeria's growing capacity to compete in markets once dominated by traditional refining centres, while demonstrating that Nigerian-made petroleum products can earn a place among the world's leading suppliers.
Retaining the top spot for a second consecutive month points to Nigeria's growing capacity to compete in markets once dominated by traditional refining centres and strengthens the country's standing in the global petroleum trade.