Dangote Refinery Again Reduces Diesel, Aviation Fuel Prices To N940, N980

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

4 months ago
1 min read

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.”

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 is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.


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