Shell International Trading and Shipping Company Limited (STASCO)

The 650,000 barrels per day Dangote Refinery is set to import crude from the United States (US) in the coming months, a report has said. Trafigura Group sold 2 million barrels of WTI Midland to the Dangote refinery for end-February delivery, Bloomberg reported Monday, quoting traders with knowledge of the matter. This is the first time that the giant refinery has purchased non-Nigerian crude, traders said. Dangote Petroleum Refinery had earlier in the month commenced production of diesel and aviation fuel.…

In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day. The STASCO cargo contained 1 million barrels from Agbami and sailed to Dangote Refinery’s Single…