Energy Markets
IIR: Gasoline unit of Nigeria's Dangote Oil Refinery will undergo maintenance in June
According to IIR, Nigeria's Dangote Oil Refinery will close its 204,000 barrels of gasoline per day unit for 30 days maintenance. The shutdown is tentatively scheduled to begin on June 1. The Dangote refinery didn't immediately respond to an inquiry for comment. In January 2024, the 650,000 bpd Nigerian billionaire Aliko Dagote's refinery in Lagos started processing crude oil into products such as gasoil and naphtha, and began producing gasoline in September. A refinery official said that it was only operating at 85% of its capacity as early as February. NNPC, the Nigerian state oil company, said that Dangote's refinery...