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Africa’s richest man Aliko Dangote’s refinery sends first petrol cargo to U.S

By NewsWireNGR

Africa’s richest man Aliko Dangote’s refinery sends first petrol cargo to U.S.

The $20 billion Dangote Petroleum Refinery, owned by Africa’s richest man, has sent its first gasoline shipment to the United States, a historic milestone for Nigeria’s oil industry.

The 300,000-barrel cargo left Lagos on Aug. 26 aboard the Gemini Pearl and is headed for the U.S. East Coast, expected to discharge in New York or New Jersey.

This is Nigeria’s first-ever direct gasoline export to America, marking a shift from decades of reliance on imports.

With a capacity of 650,000 barrels a day, the refinery has already shipped products to Asia and the Middle East and is now plugging supply gaps in global markets.

For Nigeria, it’s a turning point, from being an importer of refined fuel to becoming a direct exporter.

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