Nigeria’s Dangote refinery is becoming an increasingly important supplier to Europe as disruptions in the Middle East tighten fuel markets. The refinery reportedly generated $1.82 billion in net profit during the first half of 2026 while increasing diesel and jet-fuel exports to Europe. The shift highlights how Europe’s energy supply chain is being redrawn as Gulf disruptions force buyers to seek alternative sources.
Personal Remarks
You know the EU’s energy strategy has reached a special kind of brilliance when Brussels suddenly starts shopping for oil in Nigeria.
The EU spent years lecturing the world about environmental standards. Now it turns to a country practically synonymous with oil spills, corruption scandals and environmental devastation.
At this point, I’m starting to wonder whether EU energy policy is written by satirists.
