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S’Africa Overtakes Nigeria As Africa’s Top Fuel Importer – Report

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Nigeria has relinquished its long-held position as Africa’s largest importer of refined petroleum products following the ramp-up of operations at the Dangote Petrochemical Refinery, a new report has stated.

South Africa has now overtaken Nigeria as the continent’s largest fuel importer, according to new data from energy consultancy CITAC, signalling a seismic shift in Africa’s downstream oil market.

The refinery, which began large-scale production in early 2024, is already disrupting established trade flows across sub-Saharan Africa and reshaping the continent’s energy dynamics.

With a refining capacity of 650,000 barrels per day, the largest single-train refinery in the world, its rising output is sharply reducing Nigeria’s dependence on petrol imports.

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The latest figures released by an energy consultancy, CITAC, on Wednesday, showed that Nigeria imported 3.1 million metric tonnes of refined petroleum products in the first quarter of 2025.

In contrast, South Africa brought in 4.2 million tonnes over the same period, cementing its status as the continent’s biggest fuel importer.

“Nigerian imports are dropping as a result of the continued operation of Dangote,” said Elitsa Georgieva, Executive Director at CITAC.

“Since the beginning of this year, South African imports have been consistently the highest in sub-Saharan Africa. Crude throughput across sub-Saharan African refineries rose by 77.8 per cent year-on-year in 2024, jumping from an average of 382,500 barrels per day in 2023 to 680,100 barrels per day in 2024. This leap was almost entirely driven by the Dangote plant.”

The development marks a significant milestone for Nigeria, which has for decades paradoxically relied on imported fuel despite being Africa’s top crude oil producer.

The report further estimated that Nigeria’s total refined fuel imports for 2025 will fall to 6.4 million tonnes, less than half of South Africa’s projected 15.5 million tonnes.

“The Nigerian market has undergone major product flow changes since mid-2023. The long-awaited 650 kb/d Dangote refinery near Lagos began operations in January 2024, steadily ramping up throughput and streaming secondary units throughout the year. Output from the Dangote refinery has displaced the bulk of international clean products imports in West Africa,” the report explained.

The Dangote refinery has become a major source of petroleum product offtake and has ramped up to 550,000 barrels of refining capacity per day. While Nigeria’s imports are on the decline, South Africa’s dependence on foreign fuel is deepening.

Its growing reliance on imported fuels stems from a sharp decline in its refining capacity. Industrial accidents, ageing infrastructure, and chronic underinvestment have forced the shutdown of several facilities since 2020.

Transnet SOC Ltd, South Africa’s state-owned logistics company, reports that imports now meet over 60 per cent of national fuel demand. The situation worsened in 2022 when the country’s largest refinery, Sapref, a joint venture between Shell Plc and BP Plc, was idled.

Although the government acquired the plant in 2023 in a bid to restart operations, no relaunch date has been confirmed. “South Africa’s infrastructure is mature, but its refining shortfall is now attracting foreign traders who can bridge the gap,” said an industry executive involved in the Shell divestment talks.

Analysts say Nigeria’s reduced import dependency could support the naira, relieve pressure on foreign exchange reserves, and narrow trade deficits. The shift also has fiscal implications for the government, which has historically spent heavily on subsidising imported fuel.

Meanwhile, Swiss-based oil trader Mocoh has said it’s undergoing a strategic overhaul as the Dangote refinery reshapes fuel supply dynamics across West Africa, disrupting traditional trade routes and prompting a shift in business models.

For years, Mocoh built its core business around supplying premium motor spirit, popularly known as petrol, to Nigeria, Africa’s largest oil consumer, relying heavily on deals with the Nigerian National Petroleum Company Limited.

However, that changed dramatically with the phased start-up of the 650,000 barrels-per-day Dangote refinery, which began supplying large volumes of fuel to the domestic market in 2024.

“In early 2025, we saw a paradigm shift,” said Olivier Lassagne, Mocoh’s new CEO, in an interview with Platts. “We lost most of our petrol trade with NNPC, but that’s pushed us to grow beyond our traditional niche and reposition for the future.”

Moscow, which has operated in Nigeria for nearly three decades, has found new footing by partnering with Dangote to export surplus fuel to regional markets like Benin, Cameroon and Burkina Faso.

Yet, competition is fierce. Dangote has so far favoured trading giants like Vitol, BP and Trafigura for major offtake deals, while newer players such as Afreximbank-backed Atmin are vying to expand intra-African flows.

“Dangote values flexibility and market pricing. They aren’t tying themselves down with exclusive partners,” Lassagne said, adding that Mocoh is positioning itself as a nimble regional player.

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Energy

NUPRC Dangles 50 Oil, Gas Blocks Before 143 Investors at Bid Conference

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With the commercial bid conference for the 2025 Licensing Round, a major step in the allocation of 50 oil and gas blocks to qualified investors, billed for Tuesday July 21, 2026, over 143 companies are poised to slug it out for allocations.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that only companies which successfully passed the technical and prequalification stages of the exercise have been invited to attend the event, scheduled for the Conference Centre of Transcorp Hilton Hotel, Abuja.

Biztellers reports that attendance is strictly by invitation.

The commercial bid conference is expected to determine the successful bidders for oil and gas assets spread across several producing and frontier basins in Nigeria.

The 50 blocks on offer comprise 16 onshore blocks in the Niger Delta, 18 shallow water blocks in the Niger Delta, one deep offshore block, three onshore blocks in the Benin Basin, four in the Anambra Basin, four in the Chad Basin and four in the Benue Trough.

According to the commission, the winning bids will be determined through a transparent evaluation process based on clearly defined commercial parameters. These include the signature bonus offered by bidders, the proposed work programme commitment and the level of performance security provided. The final selection will be based on a weighted technical and commercial score.

The licensing round is being conducted under the provisions of the Petroleum Industry Act (PIA) 2021, which requires a transparent and competitive process for the award of petroleum assets.

ALSO READ: NUPRC Charges Oil Bloc Winners on Compliance with PIA

The NUPRC had announced the commencement of the 2025 Licensing Round on November 11, 2025, before opening the online bid portal on December 1, 2025, to enable interested companies register and participate in the exercise.

To ensure prospective investors fully understood the requirements, the commission organised a pre-bid conference on January 14, 2026, at Eko Hotels and Suites, Lagos. The event provided detailed explanations on the licensing guidelines and bidding procedures to registered participants and other stakeholders.

Registration and submission of prequalification documents closed on February 27, 2026, while the prequalification evaluation was completed on March 16, 2026.

The NUPRC disclosed that 286 companies initially submitted applications for prequalification.

Following the evaluation process, 196 companies were cleared to participate in the technical and commercial bid stages.

Out of the prequalified firms, 143 companies eventually submitted a total of 200 bids for the available oil and gas blocks. These companies are now set to compete at the commercial bid conference, where the financial offers will be opened and evaluated to determine the eventual winners.

The licensing round is expected to attract fresh investment into Nigeria’s upstream petroleum sector, boost exploration activities across both producing and frontier basins, increase crude oil and gas reserves, and support the country’s drive to grow production and government revenue. It also underscores the regulator’s commitment to implementing a transparent, competitive and investor-friendly licensing regime under the PIA.

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Energy

NUPRC Charges Oil Bloc Winners on Compliance with PIA

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has advised the newly awarded holders of Petroleum Prospecting Licences (PPLs) to focus on developing their assets as quickly as possible and engaging responsibly with host communities in line with the Petroleum Industry Act (PIA).

The Commission Chief Executive, Oritsemeyiwa Eyesan, gave the charge during the signing ceremony of the second batch of winners of the 2022/2023 Mini Bid Round and the 2024 Licensing Round.

According to Eyesan, licence holders must prioritise host community obligations in order to succeed.

“As licencees, you are expected to execute your approved work programmes diligently, honour your financial commitments, comply fully with the provisions of the PIA, the applicable regulations and these contractual documents.

“The Commission equally expects the highest standards of health, safety, environmental protection and responsible engagement with host communities,” the NUPRC boss said.

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In a statement by NUPRC’s Head, Media and Corporate Communications, Eniola Akinkuotu, the NUPRC boss said the licensees awarded under the 2022/23 Mini Bid Round and the Nigeria 2024 Licensing Round are expected to stimulate exploration activities, attract additional investment, accelerate the development of Nigeria’s hydrocarbon resources and contribute meaningfully to the nation’s energy security and economic development.

These objectives, she said, are closely aligned with the Federal Government’s strategic aspiration to increase Nigeria’s crude oil production to 2 million barrels per day by 2027, while positioning the country to achieve a long-term production target of 3 million barrels per day by 2030.

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Energy

Asharami Energy Hits 6 Million LTI-Free Man-Hours, Advancing Goal Zero Safety Culture

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Asharami Energy Limited (AEL), Sahara’s upstream Exploration and Production business, through its subsidiary, Enageed Resources Limited (ERL), has achieved 6 million Lost Time Injury (LTI)-free man-hours in its OML-148 operations.

A company statement made available to Biztellers describes the achievement as “reinforcing its commitment to operational excellence and safety leadership as Sahara Upstream targets 350,000 barrels of oil per day by 2030”.

It added that the LTI is a key indicator for workplace injuries that result in time away from work. The milestone reflects Asharami Energy’s ability to execute complex operations safely, in line with Sahara’s Beyond XXX vision, which builds on its 30-year legacy of responsible enterprise while marking its next chapter of impact, innovation and sustainable growth.

Leste Aihevba, Chief Technical Officer, Asharami Energy, said: “Operational excellence begins with protecting our people, stakeholders, and communities. As we advance towards producing 350,000 barrels of oil per day, this culture will remain fundamental to how we safely deliver projects, increase production, and bring energy to life responsibly.”

He added: “Each LTI-free man-hour represents thousands of safe decisions, disciplined actions, and shared accountability in pursuit of our Goal Zero safety culture. That culture will continue to guide our journey as we unlock new growth opportunities. Zero is Possible.”

Representing the PSC partners, Nigerian Upstream Investment Management Services (NUIMS), Vincent Uwadileke, Asset Manager PSC Asset B, congratulated ERL, describing the achievement as a testament to discipline, vigilance, and HSSE excellence. He urged the team to build on the milestone and strive towards 7 million LTI-free man-hours next year.

ALSO READ: Dangote Refinery Shields Nigeria from Global Fuel Price Shock – S&P

Ade Odunsi, Executive Director, Sahara Upstream, described the achievement as proof of Sahara’s safety-first transformation agenda. “At Sahara, sustainable growth can only be achieved when safety is embedded in every decision, process, and operation. Reaching 6 million LTI-free man-hours demonstrates the strength of our safety culture and operational discipline.”

Odunsi commended employees, contractors, regulators, host communities, and partners. “This didn’t happen by accident; it happened because every single day, people chose to do things the right and safer way. That must remain our standard because everything else is built on safety,” he added.

The event featured the unveiling of the Six Million Man-Hours LTI-Free Safety Plaque, led by Temitope Shonubi, Adedeji Odunsi and Moroti Adedoyin-Adeyinka, Executive Directors of Sahara, alongside NUIMS representatives Vincent Uwadileke and Jeffery Jaiyeola, Deputy Asset Manager (Technical) PSC Asset B, and Leste Aihevba.

Shonubi said: “The upstream business is unique. As you take out, you have less left, which is why our responsibility is not just to produce, but to do so safely and sustainably. We must move from technical production to being techno-commercial, ensuring every investment creates sustainable value and is executed using HSSE best practices. The better days must always be ahead.”

Bethel Obioma, Head, Corporate Communications, Sahara, highlighted communication’s role in sustaining safety culture. “Safety becomes truly impactful when it is understood, embraced, and practiced by everyone. At Sahara, consistent communication keeps safety top of mind, reinforces accountability, and helps transform safety from a requirement into a shared responsibility.”

The milestone reinforces Asharami Energy’s position as a responsible energy partner and Sahara’s commitment to safe, sustainable operations, with safety remaining a defining pillar of the Sahara’s Beyond XXX vision.

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