Dangote Buys More Foreign Oil as Nigerian Mega-Refinery Ramps Up

Nigeria’s Dangote refinery is drawing feedstock from across the world to add to its domestic deliveries as the mega-plant gradually ramps up, altering the region’s import and export outlook.

It has taken delivery of more than three million barrels of American crude since the start of the month. The refinery has also made purchases closer home, importing a shipment of Angola’s Pazflor grade and a cargo of Algeria’s Saharan Blend from Glencore Plc in recent weeks.