The African Petroleum Producers Organisation (APPO) has said that Dangote Oil Refinery would reduce importation of petroleum products production into the continent by as much as 36 per cent. “Currently, Africa’s daily petroleum demand is 4.3 million barrels per day (mbd). When Dangote is fully operational, the percentage of Africa’s products imported shall drop to 36 per cent. Dangote shall be supplying over 12 per cent of Africa’s products demand. Indeed, we see petroleum products prices rising steadily in the next few years for at least two decades.

Source: The Guardian January 20, 2022 14:17 UTC