Dangote Refinery Secures Permit To Process Over 300k Barrels Of Crude

Dangote Refinery Begins Operations Dangote Refinery Begins Operations

Dangote refinery has secured a license to refine more than 300,000 barrels of Nigerian crude per day and will begin to process petrol “soon”.

Gatekeepers News reports that Aliko Dangote disclosed this during an interview on the sidelines of the Saudi-Nigeria business roundtable in Riyadh on Saturday.

He told Bloomberg, “We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude.

“We’re more than ready and you will see our gasoline products soon.”

The 650,000 barrel-a-day refinery was supposed to start production by the end of July but missed that target.

Dangote, while speaking on the commencement of operations of the refinery, said the refiner will start producing “very very soon”.

He explained that the refinery’s first priority is to supply petrol to Nigeria before exporting elsewhere, including the West African region.

The business mogul said the 650,000 barrel-a-day facility which is expected to produce 27 million litres of diesel, 11 million litres of kerosene and 9 million litres of jet fuel will receive crude from other producers in Nigeria, as well as the country’s state oil company.

The Nigerian National Petroleum Company (NNPC) Limited is expected to allocate six million barrels of crude oil to Dangote Refinery in December 2023.