Dangote Refinery Drives 767% Surge in Nigeria’s Refined Petroleum Exports to Europe

Nigeria’s seaborne refined petroleum exports to Europe surged by about 767 per cent to an average of 130,000 barrels per day (b/d) in the second quarter of 2026, from 15,000 b/d in 2023, as rising output from the Dangote Petroleum Refinery reshapes the country’s petroleum trade.

The development was disclosed by the United States Energy Information Administration (EIA) in an analysis published on Monday, August 24, 2026, based on petroleum shipping data from Vortexa.

According to the EIA, Nigeria’s seaborne petroleum product exports to Europe averaged 130,000 b/d in the second quarter of 2026, compared with 40,000 b/d in 2025 and 15,000 b/d in 2023.

The sharp increase marks a significant shift in Nigeria’s petroleum trade, particularly with Europe, which has traditionally been an important source of refined petroleum products imported into the country.

Full story on The Guardian.