Dangote Refinery Ready To Begin Production As Crude Supply Hits 6m Barrels

January 9, 2024
Kaduna Refinery: The Role Of Local Refining In Nigeria's Fuel Economy

The Dangote Petroleum Refinery has marked a milestone as it announced the reception of its final shipment, totaling six million barrels of crude oil, essential for commencing its operations.

Managing Director of Dangote Ports Operations, Akin Omole, confirmed the refinery’s preparedness, stating that “Once the six million barrels are fully delivered, it will facilitate the initial run of the refinery.”

Join our WhatsApp Channel

The company stated in a statement that the delivery of the latest one million barrels of Agbami crude oil through MT ALMI SUN marked the completion of the scheduled consignment.

The refinery is set to begin production, starting with diesel, aviation fuel, and Liquefied Petroleum Gas (LPG), before moving on to Premium Motor Spirit.

READ ALSO: IPMAN Seeks Dangote Refinery’s Partnership For Direct Product Allocation, Eases Concerns Over Petrol Stability

“This development is a crucial step in addressing the persistent fuel supply challenges faced not only by Nigeria but also by other West African countries,” stated the refinery’s spokesperson.

Designed to process Nigerian crude entirely and adaptable to other types, the 650,000 barrels per day refinery aims to alleviate the nation’s fuel needs and possess surpluses for exportation.

The refinery boasts the capability to meet Nigeria’s entire demand for gasoline, diesel, kerosene, and aviation jet fuel.

The commencement of operations at the Dangote Petroleum Refinery promises to be a game-changer in the region’s energy landscape, providing a sustainable solution to fuel shortages while positioning Nigeria as a key exporter of refined petroleum products.

This development signifies a momentous leap in the energy sector and could potentially have far-reaching implications for Nigeria’s economic prospects.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

NO Cash In ATMs: CBN Slams N1.35bn On 9 Banks
Previous Story

Naira Scarcity: ATM Usage Drops To 40% With Surge In Online Banking – KPMG

Moffi
Next Story

Injury Rules Out Victor Boniface From 2023 AFCON, Replaced By Moffi

Featured Stories

Latest from Business

Malaysia, Indonesia Block Grok Over Sexual Deepfake Images

Malaysia and Indonesia have blocked access to Grok, an artificial intelligence chatbot linked to Elon Musk’s platform X, citing concerns over the creation of sexually explicit deepfake images. Regulators in both countries said the tool had been used to alter images of
Naira vs Dollar: What To Expect This Week (24th-30th, March 2025)

Dollar Rate Increases In Black Market

The parallel market recorded N1,479.99 kobo per dollar on Monday, January 12, compared to the N1,477 per USD reported on Friday, January 9, indicating the naira depreciated by 0.20 percent. Also, the foreign exchange rate for the American greenback increased by N2.99
Mike Adenuga Loses $300million As Net-worth Further Declines To $3.3bn

Mike Adenuga Experienced Mixed Fortunes In Stock Market In 2025

Mike Adenuga, the founder of Globacom, a telecommunications company, and the third richest person in Africa, experienced mixed fortunes in the Nigerian Exchange (NGX), also known as the stock market, in 2025. According to an analysis of his investment portfolios in the
NO Cash In ATMs: CBN Slams N1.35bn On 9 Banks
Previous Story

Naira Scarcity: ATM Usage Drops To 40% With Surge In Online Banking – KPMG

Moffi
Next Story

Injury Rules Out Victor Boniface From 2023 AFCON, Replaced By Moffi

Don't Miss

5G: Former ATCON Boss Speaks At PBA’s Webinar On Tech Disruptions

IMMEDIATE past President of the Association of Telecommunications Companies of
Obi Gives Additional N50m Support To Bishop Shanahan College Of Nursing Nsukka

Peter  Obi Dismisses Alliance Talks With Atiku, Kwankwaso, Pledges Unwavering Commitment to Labour Party

Labour Party’s Presidential candidate, Peter Obi has addressed speculation surrounding