Dangote Refinery: Is Africa’s largest refinery finally ready?

<p>Nigerian President Muhammadu Buhari is due to inaugurate the 650,000 b/d refinery on 22 May. But after many years of delays, and with the project running $11 billion over its original $9 billion production cost target, many traders are questioning whether the project is really ready.<br /> In this episode of the Platts Oil Markets podcast, S&P Global  Oil news reporter Charlie Mitchell and Gasoline editor Matthew Tracey-Cook join Joel Hanley to discuss what the market should expect from this colossal refinery that could change Nigeria’s fortunes.</p> <p><strong>Further reading, by speaker Charlie Mitchel: </strong><a title= "FEATURE: Long-awaited Dangote refinery set to shake up WAF crude, products flows" href= "https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/petrochemicals/051623-feature-long-awaited-dangote-refinery-set-to-shake-up-waf-crude-products-flows" target="_blank" rel="noopener">Long-awaited Dangote refinery set to shake up WAF crude, products flows</a></p> <p><strong>Related price assessments:</strong><br /> <a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceprofile?symbol=AAKUV00" target="_blank" rel="noopener">Gasoline FOB NWE West Africa Cargo - AAKUV00</a><br /> <a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceprofile?symbol=AAGXT00" target="_blank" rel="noopener">Crude Oil Cabinda FOB Angola vs Angola Dtd Strip - AAGXT00</a><br /> <a href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceprofile?symbol=AAGXL00" target="_blank" rel="noopener">Crude Oil Bonny Light FOB Nigeria London vs WAF Dtd Strip - AAGXL00</a></p>