Afrigather Dangote Refinery, with an estimated value of $19 billion, has acquired its third crude oil provide of 1 million barrels, reinforcing its objective of ending the importation of petroleum merchandise.
Way of life Nigeria experiences that the latest supply, sourced from Shell Worldwide Buying and selling and Delivery Firm Restricted (STASCO), contributes to a complete of roughly three million barrels acquired by the refinery.
Dangote Refinery has concluded plans to begin the refining of diesel and aviation gasoline by Mid- January 2024, including that the refining of Premium Motor Spirit, PMS will comply with later.
The refinery has a processing capability of 650,000 barrels per day goals to fulfill 100% of Nigeria’s home demand for numerous petroleum merchandise together with gasoline, diesel, kerosene, aviation jet in addition to export to the worldwide market.
Chairman Aliko Dangote confirmed the refinery’s objective to be absolutely operational, processing 650,000 barrels per day by the tip of 2024.
He had stated: “We don’t wish to begin our refinery with international items; we wish to begin with Nigerian crude. We’re greater than prepared and you will notice our gasoline merchandise quickly.”
He stated the approaching on stream of the refinery will create many multiplier results, particularly jobs, suppliers, capability constructing, empowerment and know-how switch to Nigerians.
