Africa’s Top Refinery Could Soon Upend Global Gasoline Markets

The Dangote refinery in Nigeria, Africa’s biggest and newest crude processing facility, is set to soon begin production of gasoline, potentially upending global gasoline flows. For years, Nigeria has been importing the gasoline it consumes, but the newly operational refinery is poised to turn OPEC’s largest African crude oil producer from a gasoline importer to a gasoline exporter, impacting fuel market balances, especially in Europe. The Dangote refinery began the production of fuels in January 2024, marking the start-up of…