MARKET PARTICIPANTS
47 Members. One Exchange.
The region’s leading refiners, producers, traders, and LNG operators choose WEEX for transparent, efficient energy trading.
47 Trading Members
12 Countries
$18B Annual Flow
MEMBERSHIP CATEGORIES
Who Trades on WEEX?
Refiners
Companies operating crude oil refineries. From Africa’s largest facility to regional processors.
8 Members
Producers
Upstream oil and gas producers. National oil companies and international oil companies with West African production.
12 Members
Traders
International and regional commodity trading houses. Physical and financial market participants.
15 Members
LNG Operators
Liquefaction plant operators, LNG shippers, and regasification terminal owners.
5 Members
Marketers
Downstream petroleum product marketers and distributors serving retail and commercial markets.
4 Members
Utilities & Industrial
Power generation companies, industrial consumers, and large-scale gas buyers.
3 Members
FEATURED MEMBERS
Leaders in West African Energy
REFINER
Dangote Refinery
Lekki, Lagos, Nigeria
Africa’s largest single-train refinery with 650,000 bpd capacity, expanding to 1.4 million bpd. Processes Nigerian crude and international grades. Already exporting gasoline, diesel, and jet fuel to global markets. A founding member of WEEX since 2024.
650K bpd
Current Capacity
1.4M bpd
Expansion Target
24/7
Operations
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LNG OPERATOR
Nigeria LNG Limited
Bonny Island, Rivers State, Nigeria
Joint venture between NNPC, Shell, TotalEnergies, and Eni. 22.5 MTPA total capacity across six trains. One of the world’s largest LNG export facilities. Lists spot cargo contracts on WEEX for transparent price discovery.
22.5 MTPA
Total Capacity
6 Trains
Liquefaction
1999
Established
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N
V
REFINER
Dangote Refinery
Lekki, Lagos, Nigeria
Africa’s largest single-train refinery with 650,000 bpd capacity, expanding to 1.4 million bpd. Processes Nigerian crude and international grades. Already exporting gasoline, diesel, and jet fuel to global markets. A founding member of WEEX since 2024.
650K bpd
Current Capacity
1.4M bpd
Expansion Target
24/7
Operations
View Profile
DIRECTORY
Proposed WEEX Members
All
Refiners
Producers
Traders
LNG Operators
Marketers
Utilities
Search members…
DR
Dangote Refinery
Refiners · Nigeria
NT
NNPC Trading
Producers · Nigeria
SN
Shell Nigeria
Refiners · Nigeria
TE
TotalEnergies EP
Refiners · Nigeria
VW
Vitol West Africa
Traders · Switzerland / Nigeria
TR
Trafigura Nigeria
Traders · Singapore / Nigeria
ME
Mercuria Energy
Traders · Switzerland / Nigeria
GG
Gunvor Group
Traders · Switzerland / Nigeria
NL
Nigeria LNG
LNG Operators · Nigeria
AL
Angola LNG
LNG Operators · Angola
GL
Ghana LNG
LNG Operators · Ghana
MRS
MRS
Marketers · Nigeria
MN
MEMAN
Marketers · Nigeria
11
11 PLC
Marketers · Nigeria
EN
ExxonMobil Nigeria
Producers · Nigeria
CN
Chevron Nigeria
Producers · Nigeria
EI
Eni Nigeria
Producers · Nigeria
AP
Addax Petroleum
Producers · Nigeria
AE
Aiteo Energy
Producers · Nigeria
SE
Seplat Energy
Producers · Nigeria
ELIGIBILITY
Who Can Join WEEX?
Eligible Entities
-
Registered companies with a minimum of 2 years of operating history
-
Valid petroleum sector license (where applicable)
-
Minimum paid-up capital per tier requirements
-
Clean regulatory and compliance record
-
Demonstrated expertise in relevant energy markets
-
International entities welcome (subject to jurisdiction checks)
Required Documentation
-
Certificate of Incorporation
-
Audited financial statements (last 2 years)
-
Board resolution authorizing trading
-
KYC/AML compliance officer designation
-
Bank reference letter
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Regulatory license copies (if applicable)
Views from EXPERTS
What They Said
WEEX will provide transparent price discovery for Nigerian crude that we simply didn’t have before. The differential pricing against international benchmarks will finally reflect true West African market conditions.
— Trading Director, International Trading House
As a refiner, access to standardized AGO and PMS is important. If WEEX starts operation, it will streamline our procurement. We need a clearing and settlement process that as efficient as any global exchange in the region.
— Chief Supply Officer, Regional Refinery
The proposed LNG spot auction platform will transform how we market cargo. It will enable transparent bidding, faster price discovery, and direct access to a wider buyer pool.
— Commercial Manager, LNG Operator
Join West Africa’s Energy Leaders
Applications are reviewed within 5–7 business days. Our membership team will guide you through every requirement.