The growing domestic refining capability is a game-changer that is altering the petroleum supply environment in Africa, according to the Major Energies Marketers Association of Nigeria (MEMAN).
It notably mentioned how the new Lome Hub and the 650,000-barrel Dangote Petrochemical Refinery are changing the petroleum market in West Africa.
With the theme “Market Fundamentals and Geopolitical Drivers,” the Zoom session brought together industry experts to talk about the strategic role of the Lomé offshore hub, the pricing dynamics of gasoline and middle distillates, and the effects of the recently commissioned Dangote refinery on regional trade patterns.
The webinar was moderated by Mrs. Vanessa Durojaiye, MEMAN Industry Analyst, and included presentations by Mr. Gary Clark, Associate Editorial Director for EMEA Clean Refined Products at S&P Global; Mrs. Ogechi Nkwoji, Head of Economic Intelligence Research & Regulation at MEMAN; and Mr. Matthew Tracey-Cook, Senior Price Reporter at S&P Global.
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