BUSINESS DAY NG
The six hundred and fifty barrels a day Dangote refinery in Lagos will receive the last lot of 1 million barrels of crude Monday, setting the stage for the historic commencement of operation at the plant.
On Thursday, the plant received the fifth crude oil shipment of one million barrels of Bonny Light grade supplied by the Nigerian National Petroleum Company Limited (NNPCL).
Dangote Group announced the fifth crude shipment to the refinery in a statement issued Friday.
The latest development was a significant step for the refinery as it hopes to begin operations and ultimately help Nigeria to achieve self-sufficiency in petroleum products and save foreign exchange expended on importation of finished products from abroad.
According to the statement, the latest fifth consignment to be delivered to the Dangote Petroleum Refinery facility out of the six million barrels of crude being expected, arrived at the Single Point Mooring (SPM)-C2 Dangote Offshore Oil Terminal on Thursday, and had already been discharged to the refinery’s crude oil tanks.
The Lagos Free Trade Zone-housed Dangote Refinery had earlier received four million barrels of crude.
Akin Omole, managing director of Dangote Ports Operations, had told journalists then at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery would receive about 4 million crude oil shipments before the end of 2023 and the remaining two by the early of January 2024.
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 Liquefied Petroleum Gas (LPG) before subsequently progressing to the production of petrol.
The plant is expected to play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries.
The Dangote Petroleum Refinery has the capacity to 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 refinery was built to take crude through its two SPMs located 25 kilometres from the shore and to discharge petroleum products through three separate SPMs. In addition, the refinery can load 2,900 trucks a day at its truck-loading gantries.
