A shipment of aviation fuel from the Dangote Petroleum Refinery was successfully sold by the multinational oil trading behemoth Vitol to a Bulk Import, Distribution and Export Company (BIDEC) in Ghana.
This deal demonstrates how the $20 billion Dangote Refinery is becoming a major supplier of refined petroleum products throughout West Africa.
In addition to bolstering regional energy trade, this development satisfies the need for aviation fuel to sustain Ghana’s expanding aviation industry in the face of increased air traffic.
It positions Africa’s largest refinery as a game-changing participant in the continent’s energy supply chain and represents a major step in developing regional relationships.
Not long ago, the shipment was received. According to people with knowledge of the situation, this might be the first formal shipment sent to a BIDEC in Ghana.
Though this cannot be verified because of the paucity of data available, they warn that it is also likely that some Dangote products may have previously reached the Ghanaian market.
With a daily processing capacity of 650,000 barrels of crude oil, the Dangote Petroleum Refinery has been hailed as a strategic asset that can lessen Africa’s dependency on petroleum imports.
