Nigeria: Dangote Refinery Secures First Algerian Crude Amid Market Shifts

Dangote refinery has made its first purchase of Algeria’s light sweet Saharan Blend crude, marking a strategic shift in its crude sourcing.

According to Augus Media, Dangote secured a 1 million-barrel cargo from trading firm Glencore this week. The shipment is expected to arrive at the Lekki-based refinery between March 15 and 20.

While neither Dangote nor Glencore has directly confirmed the deal, the pricing details remain undisclosed.

The acquisition signals the refinery’s increasing…