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Vitol Group, Trafigura Group, and BP Plc are the primary buyers of fuel from Nigeria's new Dangote oil refinery, which is transforming petroleum trading in Africa and Europe. Since operations ramped up mid-year, these companies have dominated the plant's shipments, according to data from Precise Intelligence.
Trafigura Group, a major player in commodity trading, manages vast oil supplies globally, enough to meet France's needs three times daily. However, a significant crisis has emerged in a remote segment of its operations, potentially costing the company over $1 billion.
Exxon Mobil Corp. has finalized the sale of its Fos oil refinery in France to a consortium led by Trafigura Group, a move that reduces its European refining capacity to approximately 1.1 million barrels per day. This figure includes Exxon's stake in the Miro plant in Germany, which is also set for sale.
Trafigura Group
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Vitol and Trafigura dominate fuel purchases from Nigeria's Dangote refinery
Nigerian Naira
BP p.l.c.
Vitol Group
Trafigura Group
NGA
BP Plc
Vitol Group
Trafigura Group
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