Dangote refinery to double capacity with $14.3bn investment
The refinery plans a major capacity expansion, which would add future supply of refined petroleum products if completed.
Source →The trace
How it reaches your house.
Starting from BP plc, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Rosneft →Prices riseBPCL's higher Kochi refinery throughput should raise demand for crude oil feedstock, creating mild upward price pressure on this input; Rosneft is a small-share supplier in that market.
46% confidenceHop 2
Crude Oil Feedstock →supply upBPCL's refinery capacity expansion means more crude feedstock is processed into gasoline and diesel, so their future supply rises.
91% confidenceCrude Oil Feedstock →supply upHigher refinery capacity should also increase output of home heating oil as another refined petroleum product derived from crude feedstock.
84% confidenceHop 3
Gasoline and diesel →Prices riseHigher Kochi refinery output requires more crude runs, so demand for crude feedstock rises directly.
96% confidenceHome heating oil →Prices riseA larger Kochi run would require more crude throughput, so this critical feedstock faces higher demand and price pressure.
88% confidenceGasoline and diesel →Prices riseMore gasoline and diesel output increases hydroprocessing load, which lifts refinery hydrogen demand.
Hop 4
Hydrogen (refinery-grade) →Stands to benefitLinde plcLIN
Higher refinery output should increase hydrogen purchases, benefiting another major supplier with a 35% share and limited substitutability.
76% confidenceHydrogen (refinery-grade) →Stands to benefitAir Products and Chemicals, Inc.APD
A Kochi refinery output increase should raise demand for refinery-grade hydrogen, benefiting a 40% supplier with long replacement lead time.
76% confidenceHydrogen (refinery-grade) →Stands to benefit