Insight
Impact of Dangote on WAF and Greater Europe gasoline market
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Report summary
Despite being Africa’s largest crude oil producer, Nigeria’s ageing refineries have struggled to operate, resulting in the country being a significant net importer of refined products. The refurbishment project of 400,000 b/d capacity NNPC assets, started in 2020 and has yet to be completed, maintaining Nigeria as a European gasoline import hub of an average 200,000 b/d. This Insight utilises Wood Mackenzie’s Refinery Supply Model to explore how 650,000 b/d Dangote refinery impacts gasoline market for West Africa and Greater Europe, after the refinery reaches stable operations.
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