Dangote to set up oil trading arm in London for his Lagos mega refinery

Dangote Petroleum refinery 

The newly-commissioned Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Nigeria in this picture taken on May 22, 2023. PHOTO | Reuters

What you need to know:

  • The giant 650,000 barrel-per-day refinery is set to redraw global oil and fuel flows and the trading community is closely watching the way it will operate.