The Nigeria National Petroleum Corporation Limited delivered the fourth cargo of one million barrels of bonny light crude oil to the Dangote Petroleum Refinery on Monday. According to a statement from the $20 billion enterprise, the fifth crude oil cargo is expected soon.
The factory had already received three shipments of crude oil, with business executives telling our reporter that the refinery will begin producing refined Automotive Gas Oil, also known as diesel, and aviation fuel, or JetA1, this month.
In the statement issued on Monday, the company said, “The fresh one million barrels of crude was the fourth consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery.”
Akin Omole, Managing Director, Dangote Ports Operations, had previously informed media at the Dangote Quay, Ibeju-Lekki, Lagos, that the refinery will receive around four million crude oil shipments by the end of 2023.
According to him, the refinery would get the last two by early January 2024, putting it in a position to commence production.
He stated that after the six million barrels were fully delivered, the refinery will be able to begin production of diesel, aviation fuel, and Liquefied Petroleum Gas before moving on to the manufacturing of Premium Motor Spirit, also known as petrol.
The 650,000 barrels per day capacity Dangote refinery can meet 100 per cent of Nigeria’s requirement of all refined petroleum products including petrol, diesel, kerosene and jet fuel, and also has a surplus of each of these products for export.
Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available, from where it has been receiving the crude oil shipments.
After receiving the first consignment of crude, the President, Dangote Group, Aliko Dangote, had said, “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.”
