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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL PRODUCTS
Feasible levels of gasoline out of Nigeria’s ramping up Dangote refinery are estimated at 60kbd in June according to FGE.
- It is made with the assumption of the successful start of the reformer unit.
- The RFCC unit is not expected to come online until 4Q at the earliest, with no sign yet that the hydrocracking or hydrotreating units are operating.
- The mild hydrocracker startup is estimated in 3Q.
- WTI purchases for the refinery have slowed due to less favorable economics than in recent months.
- See chart from prior expectation on Nigerian oil product production by FGE.
Source: FGE
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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