Monday 15 June 2026
FTSE 100 10,435.13 +1.27%S&P 500 7,561.39 +2.26%Nasdaq 26,588.07 +3.02%Dow 51,852.86 +1.97%Nikkei 225 69,317.50 +4.99%Gold $4,377.30 +3.27%Silver 70.77 +4.11%Brent Crude Oil $82.88 -5.10%Dollar Index 99.55 -0.20%GBP/USD 1.3430 +0.12%GBP/EUR 1.1573 -0.10%GBP/AUD 1.8968 -0.34%Bitcoin (USD) $66,680 +1.48%Ethereum (USD) 1,816.88 +5.35%FTSE 100 10,435.13 +1.27%S&P 500 7,561.39 +2.26%Nasdaq 26,588.07 +3.02%Dow 51,852.86 +1.97%Nikkei 225 69,317.50 +4.99%Gold $4,377.30 +3.27%Silver 70.77 +4.11%Brent Crude Oil $82.88 -5.10%Dollar Index 99.55 -0.20%GBP/USD 1.3430 +0.12%GBP/EUR 1.1573 -0.10%GBP/AUD 1.8968 -0.34%Bitcoin (USD) $66,680 +1.48%Ethereum (USD) 1,816.88 +5.35%
Advertisement
Follow News in 60 on Facebook
UK Weather
London 21°C Partly cloudyBirmingham 19°C Partly cloudyManchester 19°C CloudyNewcastle 16°C Partly cloudyBristol 20°C Partly cloudyCardiff 22°C Partly CloudyEdinburgh 15°C Partly CloudyBelfast 16°C Partly cloudy

Nigerian refinery’s role in UK jet fuel supply highlights hidden risks

Advertisement
Follow News in 60 on Facebook

The Dangote refinery in Nigeria, recently accused of union-busting, is now pivotal to the UK’s strategy for addressing a jet fuel shortage. With the closure of the Strait of Hormuz affecting global oil supplies, the UK government is increasingly reliant on imports from this facility to ensure that airlines can operate smoothly during the summer holiday season.

The refinery began producing aviation fuel in January 2024 and has already exported significant quantities to the UK. However, its operational stability is under scrutiny due to allegations of dismissing union members, which raises concerns about the reliability of its output. The UK’s transport secretary has acknowledged that domestic refineries alone cannot meet demand, making the situation at Dangote critical for maintaining fuel availability.

For UK consumers, this reliance on a foreign refinery could lead to increased fuel prices if supply issues arise from ongoing labour disputes or operational challenges at Dangote. Additionally, any disruptions in the refinery’s output could directly impact flight schedules and holiday plans, potentially leading to higher travel costs.

As the summer approaches, monitoring the refinery’s production levels and any developments regarding the union disputes will be essential. The UK government’s contingency plans hinge on the successful importation of jet fuel from Nigeria, making it crucial for holidaymakers to stay informed about potential impacts on travel and fuel pricing.

Sources
theguardian.com

Leave a comment

Your email address will not be published. Required fields are marked *