Dangote Refinery Slashes Jet A1 Price by N100, Airlines Get Relief
By Aboki Forex —
Dangote Petroleum Refinery has cut its ex-depot price for Jet A1 aviation fuel by N100 per litre, dropping from N1,650 to N1,550. The new price took effect on Saturday, June 6, 2026, according to industry platform Petroleumprice.ng, which confirmed the development through refinery sources.
The reduction eases pressure on Nigerian airlines, which have been struggling with high operating costs. Aviation fuel remains one of the biggest expenses for carriers. Analysts say the move could help airlines stabilise fares and improve operational efficiency in the coming months.
There is no official word yet on whether ticket prices will drop. But passengers may benefit if fuel costs continue to fall, especially during peak travel periods when airfares normally spike.
Dangote Now World’s Largest Jet Fuel Exporter
The price cut comes amid strong product availability and rising international demand. Shipping data shows Dangote Refinery exported 476,099 metric tonnes of Jet A1 in May 2026 alone. Ten cargo shipments were lifted by global traders like BP, Vitol, Trafigura, Unipec and ADNOC, supplying markets in Europe, North Africa and West Africa.
Recent industry reports confirm that Dangote Refinery has become the world’s largest exporter of jet fuel. Energy analysts say the refinery’s ability to meet domestic demand while serving multiple international markets shows both operational efficiency and massive production capacity.
Expansion Plans Underway
The refinery is optimising its operations to increase crude processing capacity from 650,000 barrels per day to 700,000 barrels daily. Experts believe this expansion will improve availability of aviation fuel, diesel and petrol across Nigeria and export markets. Stronger local supply could also reduce reliance on imported refined products and support price stability.
For the aviation sector, the latest reduction signals that increased local refining capacity may gradually bring more stable fuel pricing and lower costs for operators and passengers.
In related news, Dangote Refinery recently matched depot operators by cutting its petrol ex-depot price to N1,252 per litre amid a price war in Nigeria’s downstream sector.