Iran War: ‘We assure Africa of adequate fuel, fertilizer supply’ – Dangote Refinery

n n

Dangote Refinery has increased exports of petrol and fertilizer to African countries hit by supply disruptions caused by the Iran war. “We have the capacity,” Aliko Dangote said on Monday.

n

Read Also: NNPC to increase crude oil supply to Dangote Refinery to seven cargoes

n

He said the ​facility had shipped some 17 cargoes of petrol to other African nations.

n

​Also, exports of urea fertiliser had also recently risen, as buyers sought alternative sources of ‌supply.

n

Dangote said this on Monday during the visit of Deputy Secretary-General of the United Nations, UN, Amina Mohammed, to the Dangote Industries oil refinery and fertilizer plant in Ibeju Lekki, Lagos, Reuters report.

n

He said: “What I can do is assure Nigerians … and most of West Africa, ​Central Africa, and East Africa, we have the capacity to supply them.

n

“In ⁠the last couple of days, we’ve been looking to mostly African countries, which we were not doing before,” he said, referring to the fertiliser shipments, without giving figures.

n

The refinery has capacity to produce up to 3 million metric ​tons of urea ​annually, most of ⁠which is typically exported to the United States and South America, officials say.

n

Fuel prices have reached record-high ​levels in the country, as maximum output from Dangote ​Refinery has ⁠not offset the impact of high crude prices.

n

Dangote said the refinery hoped to get more crude cargoes priced in local currency to help curb fuel costs. Reuters

n n