Business and Economy
Dangote Refinery Receives Another One Million Barrels of Crude as Another Begins Test-Run
The Dangote refinery has confirmed the receipt of another one million barrels of crude oil to make it about four million barrels supplied by the Nigerian National Petroleum Company Limited (NNPCL)
The development comes as the Port Harcourt refinery is currently doing a test run.
The Dangote refinery said on Monday, January 1, 2024, that it had received the fourth shipment of one million barrels of crude oil from the Nigeria National Petroleum Company Limited (NNPCL).
A refinery statement said it was expecting a fifth crude supply soon.
The refinery is set to pump diesel and aviation fuel.
The oil company also said it would start refining diesel and aviation fuel this January.
According to a statement, the company said the fresh one million barrels of crude was its fourth consignment to be delivered to the refinery out of the six million barrels expected from NNPCL.
The Managing Director of Dangote Ports Operations, Akin Omole, said that the Dangote Quay at Ibeju-Lekki would receive about four million crude shipments before the end of 2023.
Omole said the refinery would receive the remaining two million by early January 2024, saying it would position the 650,000 bpd-capacity refinery to begin production.
He stated that immediately after the six million barrels were delivered, it would help the facility in its initial run and see to the production of diesel and aviation fuel from the refinery before progressing to petrol refining.
The facility can meet 100% of Nigeria’s requirement for all petroleum production, including petrol, diesel, Kerosene, and aviation fuel, with a surplus for export.
Dangote Refinery has a self-sufficient marine facility that can handle the largest global vessel from where it has been receiving crude oil shipments.
Aliko Dangote, Chairman of the Dangote Group, expressed delight after receiving the latest consignment, confirming what he said in October 2023.
The facility is waiting to begin production with crude from Nigeria.
Dangote said: “Our focus over the coming months is to ramp up the refinery to its full capacity. I look forward to the next significant milestone when we deliver the first batch of products to the Nigerian market.”
Legit
-
News5 days ago
Bauchí Govt Condemns Sen. Shehu Buba over “baseless ” comments on Zaranda shooting
-
Health5 days ago
Malnutrition: NAWOJ, UNICEF Train Bauchi Women Groups On Home Grown Feeding
-
News6 days ago
Sowore regains freedom
-
News5 days ago
Senator Buba Seeks Justice For Slain Charcoal Seller
-
News4 days ago
PDP Crisis: “I have enough water to quench your fire” Bauchi Gov Replies Wike.
-
News4 days ago
Bauchi Govt Donates N250m To Flood Victims In Borno
-
Crime6 days ago
Senator Buba Condemns Brutal Attack in Constituency ….Vows Killers Will Not Escape Justice
-
Politics2 days ago
Only PDP has the capacity to deliver Nigeria– Bauchi Governor