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Tuesday, January 20, 2026

Dangote Refinery’s Gasoline Unit Operating at 60% Capacity, According to IIR

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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Nigeria’s Dangote oil refinery restarted production at its 204,000 barrel per day gasoline unit as planned on October 19 at a run rate of 60%, industry monitor IIR said.

The unit is expected to maintain that rate until a planned maintenance shutdown between December 2025 and January 2026 is completed, IIR added.

A spokesperson for the Dangote Refinery said the plant started much earlier, without specifying a date, and that it was operating at 85% capacity.

The outage on the unit, which began in late August, helped improve export economics from Europe to West Africa to cover the shortfall, boosting European gasoline refining margins.

News late last week of the planned restart of production on the unit pushed margins to about $16.50 a barrel on Monday, according to Reuters calculations, down from about $20 a barrel on October 16.

Kpler data shows gasoline exports from Europe to West Africa on track to reach about 300,000 bpd in October, their highest since May.

The 650,000 bpd Dangote refinery, the largest in Africa, was built by billionaire Aliko Dangote, and has undergone several rounds of maintenance this year, leading to reduced crude demand.



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