US hails Dangote Refinery as Nigeria’s petroleum exports surge seven times

Dangote Petroleum Refinery has been identified as the key driver behind a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the latest report by the United States Energy Information Administration (EIA).

The U.S. agency disclosed that Nigeria’s seaborne petroleum product shipments averaged 561,000 barrels per day (bpd) in the second quarter of 2026, a significant increase from the annual average of 79,000 bpd recorded in 2023.

According to the EIA, the growth in exports has strengthened Nigeria’s position in the international petroleum products market at a time when supplies from several other regions have faced constraints.

The agency noted that the increase was largely underpinned by the commencement of operations at the Dangote Petroleum Refinery in January 2024. Data from energy intelligence firm Vortexa showed that of the 561,000 bpd shipped during the second quarter of 2026, about 350,000 bpd were exported, compared to an annual average of 46,000 bpd in 2023.

The EIA stated that increased production from the refinery has transformed Nigeria’s petroleum products market, by reducing dependence on imports and boosting domestic supply.

“With increased supply of petroleum products from the country’s largest refinery, imports fell, exports increased, and Nigeria became more self-sufficient in refined petroleum products,” the agency said.

Before the start-up of the Dangote Refinery, Nigeria’s state-owned refineries collectively shipped less than 100,000 bpd of petroleum products, both domestically and internationally. The EIA observed that shipments rose significantly following the refinery’s commencement of operations and received a further boost after maintenance and expansion activities were completed in February 2026.

The…