Nigerian Petrol from Dangote Refinery Arrives in the U.S. for the First Time
According to Newsmen referencing industry insiders and ship-tracking information, Sunoco and the commodity trading company Vitol organized the shipment. VesselFinder indicated that the Gemini Pearl, a product tanker registered under the Panama flag, docked at the Port of New York on Sunday. The ship was loaded with 320,000 barrels of gasoline. Sunoco purchased the majority of the cargo, with Vitol retaining the rest.
Newsmen reported that an additional shipment of Dangote petrol, which Glencore sold to Shell, is planned to reach New York on September 19. Industry experts indicate that these consecutive deliveries demonstrate the Nigerian refinery's ability to satisfy the stringent fuel quality standards in the United States, representing an important achievement for the $20 billion project.
This achievement is seen as a significant milestone that has been reached in the global energy market: gasoline from Nigeria's Dangote Refinery has arrived in the United States for the first time in history.
Here are the key details of the story:
1. The Cargo: The first shipment consisted of approximately 320,000 barrels of gasoline.
2. The Vessel: The tanker "Gemini Pearl" was used to transport the cargo from Nigeria to the U.S.
3. Arrival and Delivery: The vessel discharged its cargo at Sunoco's Linden facility in New York Harbor.
4. The Buyers: The shipment was purchased by global oil trader Vitol from Mocoh Oil and most of the cargo was then sold to the North American fuel distributor, Sunoco.
Significance: The delivery is considered a major achievement for the Dangote Refinery, as it demonstrates that the gasoline produced at the facility meets the stringent motor fuels standards required for the U.S. market. This opens up a new trade route and establishes the refinery as a key player in the international energy trade.
Further Shipments: Two more cargoes of gasoline from the Dangote Refinery are reportedly on their way to the U.S., with an additional one arriving in New York Harbor in the coming days.
This event is seen as a major step for Nigeria, which has historically been dependent on fuel imports, and it marks a new era where the country is now a finished fuels exporter.