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Home Companies Corporate Updates

Dangote refinery receives second one million barrels of crude 

NM Partners by NM Partners
December 22, 2023
in Corporate Updates
Dangote refinery power plant
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Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the receipt of an additional one million barrels of bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). 

The fresh one million barrels of crude from the Shell terminal via the MT Otis owned by Trafigural is the second 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. 

About a week ago Dangote Refinery received one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day. 

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Managing Director of Dangote Ports Operations, Mr Akin Omole told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery is expecting more crudes before the end of this year to put the Refinery in good stead to commence operation. 

  • The one million barrels represent the second phase of the 6 million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers for the production of petroleum products. 
  • 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, the 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.” 

Also, the Country Chairman of Shell Companies in Nigeria, Mr Osagie Okunbor had said:

  • “We welcome the startup of a refinery that is designed to produce gasoline, diesel, and low-sulphur fuels for Nigeria and across West Africa and are happy to be enabling it.” 
Tags: Dangote Refinery
NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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Comments 1

  1. ABUBAKAR MUHAMMAD says:
    December 28, 2023 at 1:34 pm

    It is better for Nigeria

    Reply

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