Dangote refinery chief defends $49bn valuation as rivals face squeeze

David Bird says comparisons with cheaper US refiners overlook Dangote’s advantages: proximity to crude, cheap gas, and a huge import-dependent market. The real test will come when the refining cycle turns.













David Bird says comparisons with cheaper US refiners overlook Dangote’s advantages: proximity to crude, cheap gas, and a huge import-dependent market. The real test will come when the refining cycle turns.

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