JOURNAL ARTICLE

Dangote's Lackluster Oil Buying Casts Doubt Over Gasoline Supply.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lehane, Bill 3 of 3

Abstract

The article focuses on the operational challenges faced by Nigeria's Dangote oil refinery, which has significantly reduced its crude oil purchases due to setbacks, including unplanned outages and worker sabotage. Currently, the refinery is expected to buy fewer than 300,000 barrels a day, down over 50% from its peak in July, which is less than half of its capacity. Analysts predict that these operational issues may continue into next year, potentially impacting gasoline prices and the broader oil market, particularly in West Africa and Europe. The refinery's gasoline unit, the largest in Africa, may require further shutdowns for maintenance, which could affect its production rates and influence gasoline market dynamics. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Science
  • Publication Date:2025
  • Accession Number:188717614
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