Dangote Oil Refinery in Nigeria has issued tenders to sell its first two fuel cargoes for export.
Reuters reported on Wednesday that the cargo is the first from the multibillion-dollar refinery.
According to trading sources, the first cargo is 65,000 metric tonnes of low sulphur straight-run fuel oil.
According to Reuters, Dangote has awarded the shipment to Trafigura, which is scheduled to load at the end of February.
“At least one refiner said they had been offered the cargo by Trafigura without elaborating further,” Reuters said.
“The second tender is for about 60,000 tons of naphtha… the tender closes on Feb. 15. Loading details were not immediately available.”
Meanwhile, the refinery plans to import crude from the United States in the coming months.
According to the Dangote Refining Company, the plant is designed for 100% Nigerian crude “with the flexibility to process other crudes”.
The management also stated that the refinery “can process most African crude grades, as well as Middle Eastern Arab Light and even US Light tight oil, as well as crude from other countries”.
The plant began production of diesel and aviation fuel on January 12, 2024, following the receipt of six shipments of crude.