03
Sep
Africa’s largest oil refinery is on the brink of producing significant volumes of gasoline, a landmark moment with the potential to transform the global market for the fuel. Nigeria’s giant new Dangote facility near the commercial hub of Lagos is on the verge of producing large amounts of the road fuel, according to two people with knowledge of the matter. The plant will be able to process 650,000 barrels a day of oil when at full capacity, turning more than half of that into gasoline. The ramp up is likely to be welcomed within the country, given that the state…