Dangote Fuel Surge Reverses Atlantic Trade as Nigeria’s European Exports Jump 767%

Nigeria's fuel exports to Europe reached 130,000 b/d in Q2 2026, up 767% from 2023 levels.

Driven by Dangote Refinery, total refined exports hit 350,000 b/d, with intra-African shipments reaching nearly 120,000 b/d.

Domestic coastal deliveries rose to 211,000 b/d, cutting fuel imports from 400,000 b/d to under 130,000 b/d.

Nigeria has flipped from a net fuel importer to a major exporter competing directly in European markets.

Dangote Fuel Surge Reverses Atlantic Trade as Nigeria’s European Exports Jump 767%

Nigeria's fuel exports to Europe reached 130,000 b/d in Q2 2026, up 767% from 2023 levels.

Driven by Dangote Refinery, total refined exports hit 350,000 b/d, with intra-African shipments reaching nearly 120,000 b/d.

Domestic coastal deliveries rose to 211,000 b/d, cutting fuel imports from 400,000 b/d to under 130,000 b/d.

Nigeria has flipped from a net fuel importer to a major exporter competing directly in European markets.

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