Adnoc Said to Be in Talks for Thailand, Dangote Refinery Stakes Abu Dhabi National Oil Company's (Adnoc) interest in acquiring a stake in the proposed Dangote Refinery in Thailand has sent shockwaves through the region's energy market.
This move highlights Adnoc's strategic efforts to secure new markets and diversify its assets.
The Dangote Refinery project has been years in development, with Aliko Dangote's conglomerate embarking on a massive undertaking to construct a 650,000 barrel per day refinery in Thailand.