Tag
JET FUEL
The Dangote Petroleum Refinery FTZ has delivered six vessels of about 1.7 million barrels of jet fuel to ports in the United States so far in March, according to according to ship-tracking service Kpler.
The Dangote Petroleum Refinery has recently exported two jet fuel cargoes to Saudi Aramco, the national oil company of Saudi Arabia and the world’s largest oil producer.
The Minister of Aviation, Festus Keyamo, has said Nigerian airline operators have decided to purchase aviation jet fuel, also known as Jet A1 Solely from Dangote refinery, hereby ditching imported products.
Licence to import fuel would mean Nigerian airlines would have to start adopting a practice used by international airlines - Hedging.