Emmanuel Addeh in Abuja
Nigeria’s 650,000 barrels per day Dangote refinery has bought its first cargo of Algeria’s light sweet Saharan Blend crude, according to market sources quoted by Argus Media, a leading independent provider of global energy market intelligence.
Dangote bought the 1 million barrels cargo from trading firm Glencore in the past week, sources told Argus, adding that it is due to be delivered over 15-20 March. The deal was not directly confirmed by either party and the price is unknown, it added.