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China raises gasoline exports to Nigeria, Mozambique, others


Nigeria for the first time received 51, 000 mt of gasoline from China in January, recent data from China’s General Administration showed on Tuesday.

After Togo, Nigeria is the second country in Africa to have received Chinese gasoline. Togo received 50, 000 mt of gasoline in April 2018.

Nigeria was the fourth-largest buyer of Chinese gasoline in January – also the only buyer outside Asia last month.

The country’s February general elections is said to have contributed to the growth of gasoline flows into the country since December according to S&P Global Platts.

China’s largest gasoline exporter, PetroChina, last year had set up an office in Nigeria, and this is said to be one of the reasons for the first gasoline cargo landing in the country.

Aside Nigeria, China has also extended its gasoline exports to other African countries such as Mozambique and South Africa which have climbed into the top 10 destinations in January, receiving 147,000 mt and 82,000 mt of gasoil, respectively.

This compared with zero in December and a year earlier for both countries. Exports to Mozambique jumped to 316,000 mt last year from just 7,000 mt in 2017, to be among top 10 destinations for China’s gasoil export.

Source S&P Global
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