As Europe dey face jet fuel shortage before di peak summer travel season, dem don start to look for oda suppliers. Nigeria don become one important helper for di global aviation fuel market.
New data show say Nigeria, especially from Dangote Refinery wey dey Lagos, don export 1.1 billion litres of jet fuel to Europe for just two months.
Daily Trust find out say 456,000 tonnes of di product dem export for March, and 420,000 tonnes so far for April. Di total wey dem ship to Europe for just 50 days pass 1 billion litres.
Experts talk say dis big export show say Nigeria don dey important for global energy market, especially as traditional supply routes still dey disturb.
Dis one dey happen as European Union dey rush to avoid serious aviation crisis because of di long-time tension for Middle East, especially di blockade for Strait of Hormuz—wey be one important route wey handle about one-fifth of world oil supply.
Since early March, as fight between United States and Iran increase, Strait of Hormuz don dey block from time to time, wey make crude oil and refined products no fit flow to global market well.
For Europe wey depend on import for about 30 percent of dia jet fuel needs, di effect don big and serious.
Reports say key suppliers for Gulf—like Saudi Arabia, Kuwait, Qatar, and United Arab Emirates—no fit keep export levels, so European fuel storage dey under heavy pressure.
International Energy Agency (IEA) don warn say Europe fit get only six weeks of jet fuel left if di supply wahala continue.
Di agency talk say although oda suppliers like Nigeria and United States fit help, dia capacity no go completely cover di shortage from Gulf.
Because of all dis, Nigeria don show sef as reliable exporter of aviation fuel, and dat one don bring needed relief.
Dangote Refinery, wey be di biggest for Africa, don increase production of refined petroleum products, including Jet A1 fuel, wey make Nigeria fit meet rising international demand.
One source talk say, “Dangote Refinery don see major boost in demand from international market for dia petroleum products. Especially for Europe, di ongoing Middle East tension dey cause serious problem for supply of Jet A1, and we don see major European airlines dey slow down operation because of jet fuel shortage.”
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Jet A1: Europe dey rely on Nigeria as dem export over 1 billion litres
New data show say Nigeria, especially from Dangote Refinery wey dey Lagos, don export 1.1 billion litres of jet fuel to Europe for just two months.
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