Construction is currently underway at the site outside Lagos, according to CEO David Bird. The expansion builds on the momentum of the existing 650,000-bpd facility, which recently shifted Nigeria from a fuel importer to a net gasoline exporter. The plant proved its strategic value this spring by supplying Europe with 100,000 barrels per day of jet fuel during a period of acute supply disruptions and regional outages.
Beyond domestic operations, the group is scaling its trading business to accommodate the increased output. Management is also eyeing further growth in East Africa, with Kenyan officials confirming discussions regarding a potential refinery project there. Should these plans materialize, the company’s total processing capacity could approach 2 million barrels per day, positioning the conglomerate alongside the world’s largest refining players. This shift marks a transition from solving local energy shortages to competing directly for influence in international petroleum trade.

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