Dangote Refinery Crude Supply Rises Amid Mounting Costs

The Dangote refinery, Africa’s largest, doubled its intake of Nigerian crude in March, receiving ten cargoes compared to five in February. Despite this increase, officials warn that soaring international oil prices and reliance on costly imported crude are squeezing profit margins. The struggle to secure consistent local supply, aggravated by contractual failures from Nigerian upstream producers, has left the refinery dependent on international traders with added premiums. Operating below its fu