News
Dangote refinery receives fourth 1m barrels of crude; fifth, on the way
Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL), and expecting the fifth crude shipment, anytime from now. The fresh one million barrels of crude was the fourth consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery. It will be recalled that Dangote Refinery had earlier, received three million barrels of crude.mManaging Director of Dangote Ports Operations, Mr. Akin Omole, had then told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery will receive about four million crude shpment before the end of 2023 and the remaining two by the early of January 2024. He said the crudes supply would put the Refinery in good stead to commence operation.
Once the 6 million barrels are fully delivered, it will facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and LPG before subsequently progressing to the production of Premium Motor Spirit (PMS). This latest development will play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries. Designed for 100% Nigerian crude with the flexibility to process other crudes, the 650,000 barrels per day Dangote Petroleum Refinery can process most African crude grades as well as Middle Eastern Arab Light and even US Light tight oil as well as crude from other countries. Dangote Petroleum Refinery can meet 100% of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and also has a surplus of each of these products for export.

The refinery was built to take crude through its two SPMs located 25 kilometres from the shore and to discharge petroleum products through three separate SPMs. In addition, the refinery can load 2,900 trucks a day at its truck-loading gantries. Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available. In addition, all products from the refinery will conform to Euro V specifications. The refinery is designed to comply with US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms as well as African Refiners and Distribution Association (ARDA) standards. While receiving the first consignment, President of Dangote Group, Mr. Aliko Dangote stated: “We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. Our focus over the coming months is to ramp up the refinery to its full capacity. I look forward to the next significant milestone when we deliver the first batch of products to the Nigerian market.”
-
Economy2 days agoCPPE expresses worry over real-sector financing gap of over ₦50trn, proposes new devt-finance architecture
-
Oil and Gas2 days agoEnergy professionals demand probe of NNPC, NUPRC over transparency concerns
-
Economy2 days agoAlake’s media aide debunks claims of handing over Nigeria’s solid minerals to Chinese
-
Oil and Gas2 days agoGroup urges Ogoni to support resumption of oil production, 33-year shutdown cost Nigeria, Rivers $226bn
-
News13 hours agoBreastfeeding can improve Nigeria’s economy—Commissioner
-
Oil and Gas13 hours agoOil prices drop 5% to three-week low after Trump cancels attack on Iran
-
Oil and Gas13 hours agoNNPC remits N6.286trn into federation account between January and June 2026, issues another tender to sell Cawthorne crude
-
Economy13 hours agoEBID, CORIS Holding sign 80m euro financing agreement to strengthen food, energy, agric value chains in West Africa
