The Dangote Petroleum Refinery exported roughly 466,000 metric tonnes of aviation fuel to European markets in June, outpacing shipments from traditional global suppliers like the United States. This significant trading volume, valued at approximately ₦757 billion, marks a major milestone for Nigeria’s expanding energy infrastructure since becoming a net exporter of the product in 2024. According to data provided by S&P Global Commodity Insights, this surge occurred despite a broader downturn and weakening prices across the European jet fuel forward market.
Market assessments indicate that Nigeria’s aviation fuel exports to Europe doubled from the 232,000 metric tonnes recorded in May to reach the historic peak observed in June. In contrast, alternative shipments from the United States experienced a steady decline, falling from a high of 818,000 metric tonnes in April down to 399,000 metric tonnes by June. Industry experts attribute the current supply glut in Europe to delayed seasonal maintenance at regional facilities alongside aggressive export volumes originating from both the United States and the Dangote Petroleum Refinery.
Beyond aviation fuel, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicates that the facility shipped around 1.66 billion litres of refined petroleum products earlier in the year. The comprehensive layout of those previous exports included substantial volumes of premium motor spirit and automotive gas oil alongside aviation fuel shipments. Operating as the nation’s premier functional refining asset, the facility continues to position Nigeria as a critical energy hub capable of servicing both local needs and international demand.
