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Nigeria's Dangote Refinery Can End $17 Billion Annual Gasoline Imports From Europe to Africa: Media

© AP Photo / Sunday AlambaOil installations at the Dangote refinery during the opening ceremony in Lagos, Nigeria, Monday, May 22, 2023.
Oil installations at the Dangote refinery during the opening ceremony in Lagos, Nigeria, Monday, May 22, 2023. - Sputnik Africa, 1920, 28.03.2024
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In the middle of 2023, Africa's largest oil refinery, Dangote, which is also the world's largest single-train refinery, opened in Nigeria, financed by Aliko Dangote, one of Africa's richest people.
Nigeria's Dangote refinery could end $17 billion annual gasoline imports from Europe to Africa, Western media reported.
As European refineries face closure due to stiff competition, the Dangote facility, which was launched in January and can process up to 650,000 barrels per day, is projected to become the largest refinery in Africa and Europe, the outlet said.
Dangote Refinery - Sputnik Africa, 1920, 16.01.2024
Sub-Saharan Africa
Bids for Private Management of Nigeria's Recently Renovated Refinery Opened, Reports Say
The Dangote refinery has been widely hailed as a major milestone in Nigeria's quest for energy independence, according to the report.
In mid-February, it was reported that the Dangote refinery was preparing to export its first fuel shipments.
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