Nigeria's Dangote Refinery Reselling Imported Crude Oil

Nigeria's largest refinery, the Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria. Reuters sources indicate that this move, unusual for refineries, stems from technical challenges at the plant. The refinery, which began production in January 2024, aims to be the largest in Africa and Europe once fully operational. It's designed to shift Nigeria from a fuel importer to a fuel exporter. However, recent events suggest the refinery is grappling with operational issues, specifically with its crude distillation…