Dangote Petroleum Refinery is about to assemble gasoline storage tanks in Namibia, aiming to provide as much as 1.6 million barrels of gasoline and diesel to southern African nations.
The strategic transfer marks a serious step within the refinery’s ambition to dominate the continent’s refined gasoline provide chain and probably reshape power commerce flows throughout the area.
In keeping with Reuters, the brand new facility will probably be situated on the Walvis Bay harbour, a key logistics hub on Namibia’s Atlantic coast.
The storage tanks will provide refined gasoline to nations together with Botswana, Zambia, Zimbabwe, and Namibia itself.
There are additionally plans to increase provide to the southern area of the Democratic Republic of Congo (DRC), positioning Dangote Refinery as a vital participant in southern Africa’s gasoline ecosystem.
“Nigeria’s Dangote petroleum refinery will assemble storage tanks in Namibia to carry at the very least 1.6 million barrels of gasoline and diesel to provide refined gasoline to southern Africa,” the supply learn partially.
It added that “The storage tanks could be used to provide gasoline and diesel to Botswana, Namibia, Zambia, and Zimbabwe. Dangote was additionally contemplating supplying gasoline to the southern Democratic Republic of Congo.”
An official of the Namibia Ports Authority confirmed the plans, famous that the tanks could be located throughout the Walvis Bay harbour.
The 650,000 barrels-per-day Dangote Refinery, constructed by Africa’s richest man, Aliko Dangote, started operations in 2024 and has been ramping up manufacturing whereas aggressively looking for export markets.
Business observers say the refinery’s rising export footprint might remodel Africa’s gasoline provide dynamics and supply southern African nations extra steady entry to sophisticated merchandise.
In early 2024, Dangote Refinery started exporting gasoil to West Africa, lowering reliance on European imports and establishing itself as a key regional provider.
Although working beneath full capability, it marked the refinery’s entry into the export market.
