Dangote’s Next Move Could Create the World’s Largest Refinery

Dangote's latest refinery in Lekki has already made waves by operating at full capacity and boosting exports to Europe, disrupting the traditional Gulf and US fuel suppliers. This surge has led to a 25% drop in non-regional clean product imports in West Africa for the second quarter. The company is now eyeing an expansion to become the world's largest refinery by adding another crude distillation unit. This move could further reshape global oil markets, making West Africa a dominant player in the refined product supply chain.