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New Dangote Refinery nears completion

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By Dawn

This modern oil refinery will account for 25% of Nigeria's daily production.

Dangote Oil Refinery is a state-of-the-art, 650,000 barrels per day (BPD) integrated refinery project under Construction in the Lekki Free Zone near Lagos, Nigeria. It is expected to be Africa’s biggest oil refinery and the world’s biggest single-train facility. The refinery is a joint venture between Aliko Dangote, Africa’s richest man, and the Nigerian National Petroleum Corporation (NNPC).

The production capacity makes this one of the largest single-train refineries in the world. February reports showed Nigeria produced 1.46 million barrels per day, adding the new Dangote facility to this industry will raise Nigeria’s total output to over 2 million BPD.

The refinery is one of the largest in the world.

The refinery will have the capacity to refine a wide range of crude oils and will produce a variety of refined Petroleum products, including gasoline, diesel, jet fuel and lubricants for the Nigerian market and for Export. The refinery is a key part of the Dangote Group’s plans to become a leading player in the Nigerian and African energy markets.

The Dangote Petroleum Refinery covers a land area of approximately 2,635 hectares, or about six times the size of Victoria Island. The refinery is one of the largest in the world, and the Technology used in the facility is updated and current. It is also one of the most modern, with a state-of-the-art Crude Distillation unit, a Hydrocracker, and a Coking unit.

Working to mitigate the effects of attacks.

With Construction expected to be completed in early 2023, this refinery will startup with a limited capacity to allow them to properly test and monitor the systems. Employees will need to be properly trained to operate the updated systems and management will need to have a broad understanding of operational requirements.

Nigeria is currently experiencing production deficits in certain regions due to a spate of recent attacks on pipelines and oil facilities. This has caused a shortfall in domestic supplies, resulting in price hikes and shortages. The Nigerian National Petroleum Corporation is working to mitigate the effects of these attacks, but the situation is still fluid.

Government has been working to address these shortages.

Shortages of fuel and Electricity in recent weeks have caused widespread panic and unrest. The government has been working to address these shortages, but they are still ongoing. President Buhari had addressed the issue and is working to resolve the situation as quickly as possible, and he appreciates your patience and understanding.

Related Links

Dangote: Website

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