Dangote dispute goes public
Ifeanyi Onyegiri, senior analyst for sub-Saharan Africa at consultancy Welligence, talks to Petroleum Economist about the latest controversies surrounding Nigeria’s Dangote refinery
Nigeria’s Dangote refinery was supposed to be a game-changer for the crude exporting nation, as well as for West Africa more broadly. But a few months since commissioning and the facility is still experiencing problems, particularly around securing feedstock, and developer Aliko Dangote has even gone public with some of his complaints about the situation. At the same time, fuel costs are a key factor in the cost of living and inflationary crisis now engulfing Nigeria and pressuring the government. The massive, 650,000b/d Dangote refinery was intended to resurrect Nigeria’s withered downstream sector and break the country’s expensive dependence on imported fuels. Commissioning is a lengthy pr
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift