Dangote Refinery Prepares for Production As 6 million barrels of crude oil are available
On Monday, the Dangote Petroleum Refinery declared that it was ready to start producing refined petroleum products after receiving the sixth shipment of the one million barrels of crude oil needed for the plant’s initial operations.
The company said in a statement on Monday that the “Dangote refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited.”
The statement stated that the final shipment of the first six million barrels scheduled to be delivered to the Dangote facility for the start of operations by the largest single-train refinery in the world was the one million Agbami barrels of crude via MT ALMI SUN.
One of the biggest trading companies in Nigeria and the world, Shell International Trading and Shipping Company Limited, supplied the first one million barrels of Agbami crude grade to the Dangote refinery exactly one month ago. Shell trades more than eight million barrels of crude oil per day.
Since then, crude oil has been delivered to the Dangote refinery in batches. On Monday, the sixth batch, consisting of one million barrels of Agbami crude, was released at the Dangote Offshore Oil Terminal’s Single Point Mooring.
At the Dangote Quay in Ibeju-Lekki, Lagos, Akin Omole, the Managing Director of Dangote Ports Operations, informed reporters that the refinery would be ready to start up as soon as the six million barrels of crude were delivered.
Omole said, “Once the six 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 Liquefied Petroleum Gas before subsequently progressing to the production of Premium Motor Spirit.”
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 per cent 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 US Light tight oil as well as crude from other countries.
Dangote Petroleum Refinery can meet 100 per cent of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and has a surplus of each of these products for export, according to the company.
