AU COMMISSION CHAIRPERSON ARRIVES IN BAMAKO TO REVIVE DIALOGUE WITH MALI. (PHOTO).

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 AU Commission Chairperson Arrives in Bamako to Revive Dialogue With Mali Mahmoud Ali Youssouf arrived for a two-day official visit, according to an AU statement. He was welcomed by Mali’s Foreign Minister Abdoulaye Diop and is also expected to meet with President Assimi Goïta, it said, Sputnik reported. The visit comes as Mali remains suspended from AU activities since June 2021. The AU has reaffirmed its support for Mali’s sovereignty and territorial integrity while proposing increased assistance to the security sector.
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PETROL PRODUCTION AT DANGOTE REFINERY AFFECTING EUROPEAN MARKET- OPEC. (PHOTO).

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 Petrol Production At Dangote Refinery Affecting European Market — OPEC


The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of refined products from Europe.


In its Monthly Oil Market Report published on January 15, 2025, the global body said with the refining efforts of the Lagos-based refinery, gasoline volumes produced in the international markets would have to find new destination markets.


“The ongoing operational ramp-up efforts at Nigeria’s new Dangote refinery and its gasoline exports to the international market will likely weigh further on the European gasoline market.


“Continued gasoline production in Nigeria, a country that has relied heavily on imports to meet its domestic fuel needs in the past, will most likely continue to free up gasoline volumes in international markets which will call for new destinations and flow adjustments for the extra volumes going forward,” the report partly read.

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