Nigeria’s Dangote Plant Buys US Oil for First Time in 3 Months
Stack towers at the Dangote oil refinery in the Ibeju Lekki district, Nigeria.
Photographer: Tom Saater/BloombergNigeria’s giant Dangote refinery purchased its first shipment of US oil after a hiatus of three months as the site continues to ramp up production.
The plant purchased about two million barrels of WTI Midland crude from Chevron Corp., according to people with knowledge of the transaction who asked not to be identified because the matter is private. The cargo is due to be delivered to the refinery near Lagos next month.