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Nigeria·Middle East·Trade & Economy·Energy

Nigeria's Dangote refinery imports crude oil from UAE for first time

Thursday, 2 July 2026, 06:28 · 1 min read

Nigeria's Dangote Petroleum Refinery (Africa's largest oil refinery, located near Lagos) has purchased two cargoes of crude oil from the United Arab Emirates this month, marking its first-ever acquisition from a Middle Eastern supplier, according to S&P Global Commodity Insights. The move reflects a push to diversify supply as the refinery scales up operations — having recently reached a milestone of 700,000 barrels processed per day, with plans to double that capacity within 30 months — amid domestic supply constraints that have limited deliveries from the Nigerian National Petroleum Company. The UAE imports were also made possible by revived oil flows through the Strait of Hormuz following a US-Iran interim peace agreement that eased traffic in the critical shipping corridor.

Sources
AfricanewsNigeria's Dangote refinery imports first crude oil from UAE ↗︎
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