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Nigeria's Dangote Refinery Set to Disrupt European Fuel Markets

Nigeria's Dangote Refinery Set to Disrupt European Fuel Markets

The Nigerian oil industry has had a roller coaster of a year. In January, Shell announced that it would be exiting the West African nation’s onshore oil industry after nearly a century of operations as a result of unstable and unsavory operational conditions. British supermajor Shell is just the latest western company to pull out of Nigeria’s oil industry, which now finds itself in rapid decline. At the same time, however, Nigeria is getting ready to open up one of the world’s largest oil refineries with the potential to be a…

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