Connect with us

Business and Economy

Dangote Refinery Receives Another One Million Barrels of Crude as Another Begins Test-Run 

Published

on

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

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

News14 hours ago

Senator Goje Hails Tinubu Over N1.245 trillion Gombe-Biu Highway Approval

Our Editor Former Gombe State governor and senator representing Gombe central, Danjuma Goje has commended President Bola Tinubu for approving...

News2 days ago

Court Denies Bail to Former Bauchi Accountant-General Over Alleged N11 Billion Loan Fraud

Umar Usman Duguri A Bauchi State High Court has denied bail to the former Accountant-General of Bauchi State, Dr. Sa’idu...

News2 days ago

Seven Killed, 50 Huts Razed in Bauchi Communal Clash as Police Restore Calm in Darazo

From Paul Orude Bauchi No fewer than seven people have been killed following  violent farners-herders clash in Lanzai and Dosho...

News3 days ago

2027: Bauchi Commissioner Unveils ‘Kaura ‘Movement To Mobilise Support For APM

Our Editor The Bauchi State Commissioner for Natural Resources Development, Hon. Muhammad Maiwada Bello, has officially unveiled a political movement...

News5 days ago

Adaji Dedicated His Life, Career to Pursuit of Truth, Justice, Ethical Journalism -Taraba Govt.

By Andrew Ojih,  Jalingo.  As tributes continue to pour in following the demise of veteran jpurnalist,  Ben Adaji, Taraba State...

News6 days ago

Federal Polytechnic Bauchi Congratulates Tinubu at Three, Bala Mohammed at Seven

Umar Usman Duguri The Rector of the Federal Polytechnic, Bauchi, Alhaji Sani Usman, on behalf of the Management and Governing...

News6 days ago

Gov Kefas Mourns Media Veteran Adaji, Condoles Family, NUJ

By Andrew Ojih,  Jalingo.  Taraba state governor, Dr Agbu Kefas on Monday morn Media guru, Chief Ben Adaji over his...

News6 days ago

2027: Kashim Faults Ex-Governor M.A. Abubakar’s Bid to Return to Bauchi Government House

From Paul Orude Bauchi Governorship candidate of the Nigeria Democratic Congress (NDC) in Bauchi State and former Secretary to the...

News6 days ago

“I Have Not Forgotten Anything in Government House, I am Coming Back to Improve Lives” – MA Abubakar Tackles Critics

By Paul Orude, Bauchi The governorship candidate of the All Progressives Congress (APC) in Bauchi State, Barrister Mohammed Abdullahi Abubakar...

News2 weeks ago

Lau Residents, Workers Hail Council Boss Over Vehicle Donation To Vice Chair

By Andrew Ojih,  Jalingo.  Workers and Residents of Lau LGA of Taraba state on Tuesday hailed the Council Chairman of...

Trending