The crude oil refinery being built in Lagos by Dangote Industries Limited is a threat to refineries in Europe, which Nigeria relies mostly on for fuel imports, a global provider of energy and commodities information has said.

The Editorial Director, Strategic Oil Markets Development, S&P Global Platts, Andrew Bonnington, said at the S&P Global Platts Lagos Oil & Energy Forum that the start of operations at the Dangote refinery would likely lead to the closure of some European refineries.

For more information, please see https://punchng.com/dangote-oil-refinery-poses-threat-to-european-plants/