The BP Rotterdam Refinery in the Netherlands boasts a robust capacity of 380,000 barrels per day, positioning it as a major player in the European refining scene.

Notable refineries in Europe highlighted in the report include the GOI Energy ISAB Refinery in Italy, capable of processing 360,000 barrels per day, and the TotalEnergies Antwerp facility in Belgium, with a refining capacity of 338,000 barrels per day.

The emergence of the Dangote Refinery marks a significant shift in the refining landscape, earning it the title of a ‘game changer’ in the industry. Its strategic location and utilization of cost-effective US oil imports contribute to its competitive edge.

Analysts foresee the refinery, currently running at around 300,000 barrels per day, making a profound impact on Nigeria’s fuel market and the broader region. Already, it has commenced shipments of jet fuel, diesel, and naphtha, with plans for further product expansion.