RUSSIA’S JET FUEL EXPORT BAN MAY BOOST DANGOTE REFINERY’S GLOBAL MARKET POSITION

June 11, 2026

The Dangote Petroleum Refinery could strengthen its position in the global aviation fuel market following Russia’s decision to extend its ban on jet fuel exports until 30 November 2026. The move is linked to ongoing disruptions caused by attacks on Russian refining infrastructure.


Russia said the restriction is aimed at securing domestic aviation fuel supply as Ukrainian drone strikes continue to affect key refineries and export facilities. The ban follows earlier limits on gasoline exports introduced in April.


Although Russia is not a major global exporter of jet fuel, the development raises concerns about tighter global aviation fuel supply at a time of recovering demand and continued geopolitical pressures affecting energy markets.

Comments

Latest News

2026 FIFA WORLD CUP KICKS OFF AS MEXICO FACE SOUTH AFRICA IN OPENING MATCH

The FIFA World Cup has begun with co-hosts Mexico facing South Africa at the Estadio Aztec...

FAYEMI CELEBRATES WIFE BISI WITH HEARTFELT BIRTHDAY TRIBUTE

Former Ekiti State Governor Kayode Fayemi has celebrated his wife, Dr. Bisi Fayemi, with a...

TINUBU COMMISSIONS NEW EFCC OFFICE IN EKITI, REAFFIRMS ANTI-CORRUPTION DRIVE

Bola Tinubu on Tuesday commissioned a new Economic and Financial Crimes Commission office...

TERRORISTS KILL VICE PRINCIPAL, TWO OTHERS IN KOGI, ABDUCT THREE WAEC STUDENTS

Terrorists have reportedly struck again in Iluke Bunu in Kabba/Bunu Local Government Area...

FG SIGNS PRISONER TRANSFER DEAL WITH ETHIOPIA, OVER 100 NIGERIANS TO BE REPATRIATED

The Federal Government has signed a Transfer of Sentenced Persons Agreement with Ethiopia,...

VICE PRESIDENT SHETTIMA ARRIVES EKITI, FLAGS OFF EKITI KNOWLEDGE ZONE PROJECT

Nigeria’s Vice President, Senator Kashim Shettima,  on Tuesday arrived at the Ekiti Agro-A...

×