Nigerian marketers buying Dangote fuel via Togo hub, says S&P Global

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Nigerian fuel marketers are importing refined products from the Dangote Refinery through a ship-to-ship trading hub in Lome, Togo. This is happening even though the refinery can now supply the local market directly.

S&P Global Energy analyst Matthew Tracey-Cook disclosed this during a webinar organised by the Major Energies Marketers Association of Nigeria (MEMAN). He said the trend shows the refinery's growing role in regional fuel trade.

Between March and May 2026, between 70 and 80 percent of fuel imported into Nigeria by sea came from the Dangote Refinery. The products move from Dangote's coastal facilities to Lome and then back into Nigeria.

Tracey-Cook said this pattern points to possible differences between local and international pricing structures. He added that Dangote is also expanding globally, supplying fuel to the United Kingdom, the Netherlands, and South Africa.

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