Lekki Free Trade Zone Operational Telemetry

Dangote Refinery Export & Margin Optimizer

Real-time economics for Nigeria's 650,000 bpd refinery supplying European diesel & jet fuel
Source: Bloomberg (@business) Reported Surge
Scenarios:
Refinery Inputs & European Cracks CAPACITY 650K BPD
650,000 bpd
Nominal design nameplate capacity is 650,000 barrels/day.
75%
Share of middle distillates dispatched to NW Europe vs Domestic Nigerian supply.
$28.40/bbl
Premium of Rotterdam Ultra-Low Sulfur Diesel (ULSD) over Brent crude.
$32.10/bbl
Aviation kerosene European CIF premium over benchmark crude.
$78.50/bbl
Average landed crude purchase cost per barrel.
$2.15/bbl
Clean tanker shipping from Lekki Single Point Mooring (SPM) to Antwerp-Rotterdam.
Operational & Financial Telemetry ACTIVE DISPATCH
Refining Margin $24.68/bbl
Daily Net Profit $16.04M
Daily Revenue $32.44M
Europe Export Vol 487.5 kbpd
CDU TOWER 650 kbpd Lekki Terminal (Nigeria) SPM Deepwater Buoys LR2 Export Transit: 487.5 kbpd ARA Ports Rotterdam & Antwerp Europe: 75% Domestic: 25%
Product / Cost Stream Yield % Volume (bpd) Daily Value / Cost
Source Grounding & Context:

On September 8, 2026, Bloomberg (@business) reported: "Billionaire Aliko Dangote’s giant refinery in Nigeria is running at full capacity and maximizing supplies of diesel and jet fuel to Europe to benefit from surging profit margins."

Refinery Specifications: 650,000 barrels per stream day (bpsd) single-train facility located at Lekki Free Trade Zone, Lagos State, Nigeria. Yield modeling assumes middle distillates optimization (~52% diesel/gasoil, ~28% jet fuel/kerosene, and ~20% other streams including naphtha/fuel oil).