Oil

Oil: Dangote refinery accelerates the shift in the global refining map

The Middle Eastern crisis brings renewed attention to a question often overshadowed by crude oil volumes: where is the capacity to turn crude into usable fuels? Nigeria’s Dangote refinery has become an important international supplier as supply and trade-flow disruptions tighten petroleum-product markets. Its role suggests Africa can help diversify refining geography, but the continent’s expansion projects remain exposed to supply, financing and execution obstacles.

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France–Algeria: oil can follow, LNG remains constrained

France has reportedly approached Algeria for additional oil and liquefied natural gas (LNG) as energy markets face severe pressure. The information, published on October 19 by a specialist platform and attributed to anonymous sources, was not accompanied by an official announcement specifying requested volumes, timing or commercial terms. It nevertheless highlights the difference between Algeria’s ability to increase some crude shipments and its reportedly more limited short-term LNG flexibility.

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