DANGOTE REFINERY GETS ANOTHER ONE MILLION CRUDE BARRELS
Written by Oyebamiji Idowu on January 2, 2024
Lagos, Nigeria: The massive Dangote Petroleum Refinery has received its fourth shipment of one million barrels of Bonny Light crude oil, fueling anticipation for its imminent launch. The Nigerian National Petroleum Corporation Limited (NNPC) delivered the crucial supply, with the $20 billion refinery expecting a fifth shipment shortly.
This marks a significant development, adding to the three million barrels previously received. Company officials have confirmed that production of refined Automotive Gas Oil (diesel) and aviation fuel (JetA1) is set to begin this month, marking a major milestone in Nigeria’s oil refining landscape.
“The preparations for the commencement of production at Dangote Refinery are in full swing,” the company stated in a press release. “We anticipate the arrival of the fifth crude shipment imminently, which will further position us to begin operations.”
The Dangote Refinery is projected to be the largest single-train refinery in the world, boasting a processing capacity of 650,000 barrels per day. Its operational launch promises to transform Nigeria’s oil sector, reducing dependence on imported refined products and potentially boosting exports.
The news of the fourth shipment and impending production has been met with excitement across the country. The refinery’s operations are expected to create thousands of jobs, stimulate economic growth, and increase fuel availability within Nigeria.