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DANGOTE REFINERY
Dangote Refinery has made a further move towards the commencement of production of refined petroleum products with the...
The Dangote refinery has started receiving crude oil supplies and plans to continue doing so in the next few weeks under supply agreement deals with the Nigerian National Petroleum Company Limited (NNPCL) as well as Shell and ExxonMobil, according to officials familiar with the timeline.
The 650,000 bpd Dangote refinery is set to generate $27 billion in annual revenue at full capacity. This is according to Nairametrics' findings.
The STASCO cargo contained 1 million barrels from Agbami and sailed to Dangote Refinery’s Single Point Mooring (SPM) where it was discharged into the refinery’s crude oil tanks.
Over 75% of the Port Harcourt refinery project is completed. This is according to Ibrahim Onoja, the Managing Director of the refinery.
The Nigerian National Petroleum Company Limited (NNPCL) will supply crude oil to Dangote Refinery in December 2023.
Sources have provided reasons why Dangote Refinery missed its diesel and jet (aviation) fuel refining deadline.
IEA has said that the Dangote refinery, with a 650,000 barrels per day capacity will enable oil demand growth in the next decade, especially for African countries that heavily rely on imported refined energy products in the present.
The Dangote Refinery is set to start diesel and jet fuel refining operations by October 2023 and petrol refining by November 2023.
The Committee of Baales and some residents of Ibeju Lekki, Lagos have showered encomium on the Management of Dangote Refinery, on its social responsibility initiatives.
CORAN, has emphasized that supporting modular refineries will provide Nigerians with access to more affordable fuel.
The Nigerian House of Representatives rejected a motion to suspend the purported license of Dangote Refinery as the sole importer of petrol in the country.