Dangote Refinery Outlook | July 2024

Questions and topics include: - At what levels do we estimate the Dangote refinery to run in 2024 and 2025? - What is our expected start-up sequence of secondary units? - How are crude feedstock needs going to impact Nigeria‘s oil imports and exports? - What effect could the reshuffling of flows have on Nigerian and other WoS crude differentials? - How will Dangote‘s start up influence West Africa‘s gasoline and diesel balances? - In what way will dirty and clean tanker markets be impacted?