Sponsored
Oil & Gas

Dangote Exports 1.1bn Litres of Aviation Fuel To Europe, Supplies 95% of Nigeria’s Jet A1

Sponsored
Sponsored

The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide, while also exporting 1.1 billion litres of aviation fuel to Europe between March and April 20.

Speaking during a televised interview, AON spokesperson Obiora Okonkwo said the refinery’s output has played a vital role in sustaining domestic airline operations at a time of global supply disruptions arising from tensions in the Middle East and rising fuel costs.

“It is a matter of fact that over 95 per cent of aviation fuel supplied across the country comes from the Dangote refinery. To airline operators in Nigeria, Dangote is not just a refinery; it is a game changer and, indeed, a lifesaver,” Okonkwo said.

He noted that despite the refinery’s consistent supply, airlines continue to face severe operational strain due to escalating Jet A1 prices, which he attributed to sharp practices within the downstream distribution chain.

According to Okonkwo, some fuel marketers are allegedly creating artificial scarcity in spite of available supply from the refinery, leading to disproportionate price increases.

He disclosed that airline operators have recorded Jet A1 price hikes of up to 300 per cent since the onset of the Middle East crisis.

“We consider this exploitation. The refinery has not indicated any shortage, yet we are witnessing artificial scarcity and unjustifiable price increases. What airlines pay does not reflect depot prices,” he said, suggesting the presence of racketeering within the market.

Echoing these concerns after a closed‑door meeting between the AON and the Federal Government, Chairman and Chief Executive Officer of Air Peace, Allen Onyema, described the situation as deeply troubling, particularly given that the Dangote refinery sells its products at comparatively lower rates.

“The truth is that marketers must be called to account. How do prices rise by as much as 300 per cent when Dangote’s supply remains the cheapest and some marketers source directly from the refinery?” Onyema asked. “So, why the astronomical increase?”

Meanwhile, the Dangote Refinery continues to expand its footprint in the international aviation fuel market. Industry data indicate that the facility exported approximately 876,000 metric tonnes of jet fuel to Europe within the period under review—about 456,000 tonnes in March and an additional 420,000 tonnes by April 20.

These export volumes underscore the refinery’s growing capacity and improved logistics, further reinforcing Nigeria’s emerging role in the global downstream oil and gas market, even as it strengthens domestic energy security.

Sponsored
Funsho Arogundade

Recent Posts

U.S Court Denies Discovery Request Against President Tinubu, DCI Group In FOIA Litigation

The United States District Court for the District of Columbia has denied a motion by…

1 hour ago

Phyno’s ‘Let That Sink In’ Listening Party Draws Olamide, Seyi Vibez, Wande Coal, Others

Two years after Full Time Job, Phyno has returned with Let That Sink In (LTSI),…

1 hour ago

Hon. Mark Imoh Alphonsus Honoured With Prestigious Young Diplomat Award In Nairobi, Kenya

Hon. Mark Imoh Alphonsus, Regional Coordinator of the CityBoy Movement East Africa and founder of…

2 hours ago

Obasa Expresses Confidence in Hamzat’s Capacity To Deliver On ‘The Lagos Promise’

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has…

3 hours ago

EFCC Chair commends Governor Dauda Lawal’s Transformational Leadership

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Olanipekun Olukoyede, affirmed the…

4 hours ago

The Human Firewall: Why The First

As security technology improves, cyber criminals increasingly combine technical weaknesses with pressure, deception and misplaced…

4 hours ago
Sponsored