Nigeria’s new $19 billion Dangote oil refinery has received 1 million barrels of oil from state-owned oil company NNPC Ltd, its second crude cargo this month, as it steps up preparations to begin operations, a Dangote spokesperson said on Wednesday.
The refinery is years behind schedule but its operations are expected to turn Africa’s largest oil producer into a net exporter of fuels, a long-sought goal for the OPEC member that almost totally relies on imports.
The Dangote spokesperson said the crude had been loaded at Bonny Terminal operated by Shell and would be discharged at the refinery outside Lagos on Wednesday. Another 3 million barrels were expected before month end, the spokesperson added.
ALSO READS:
- ALL ON Impact Report: Shining a Light on Nigeria’s Off-Grid Energy Revolution
- NDPHC Completes Insurance Risk Engineering Survey at Omotosho, Sapele Power Plants
- Nigeria Needs Up to 2M Units of Blood Yearly as SEEPCO-Backed Initiative Helps Close the Gap
- PIA Has Improved Transparency in Nigeria’s Oil, Gas Market — TotalEnergies
- REA Delivers 1MW to Rubochi, Ikwa Communities through Korean Energy Project
Dangote has said it expects more cargoes to be supplied by NNPC this month as well as one from ExxonMobil.
Nigeria’s OPEC oil quota for next year is 1.5 million barrels per day (bpd) but the government says it plans to produce 1.8 million bpd to ensure supplies to the Dangote plant and state-owned refineries that are being upgraded.
