Dangote Petroleum Refinery has received One million barrels of Bonny Light crude oil, the fifth shipment from Nigeria’s National Petroleum Corporation Limited (NNPC)
By next week, the refinery will be receiving its sixth millionth cargo of crude oil, for which the company is already getting preparations. As the refinery is ready to start up, this most recent development is a big step forward.
Out of the six million barrels of crude that were anticipated, the crude oil cargo—the fifth shipment to be delivered to the Dangote Petroleum Refinery—arrived at the Single Point Mooring (SPM)-C2 Dangote Offshore Oil Terminal and has already been emptied into the refinery’s crude oil tanks.
It should be noted that four million barrels of crude oil were previously delivered to Dangote Refinery.
According to Mr. Akin Omole, managing director of Dangote Ports Operations, the refinery is expected to receive approximately four million shipments of crude oil by the end of 2023, with the final two shipments arriving in early January 2024.
He said that the refinery would be well-positioned to start up thanks to the crude supplies.
“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 LPG before subsequently progressing to the production of Premium Motor Spirit (PMS).
“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 even 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 also has a surplus of each of these products for export,” the company said.
While receiving the first consignment, president of Dangote Group, Mr. Aliko Dangote stated that, “we are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects.
“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.”
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