Dangote refinery receives maiden 1m barrels of crude, to get second shipment in 3 weeks

Dangote refinery receives maiden 1m barrels of crude, to get second shipment in 3 weeks

THE CABLE

The Dangote Oil Refining Company says its plant has received its maiden one million barrels of Agbami crude grade, from the Shell International Trading and Shipping Company Limited (STASCO).

In a statement on Friday, the company said the STASCO vessel sailed to the refinery’s single point mooring (SPM), where it was discharged into the refinery’s crude oil tanks.

The development followed news that the crude feedstock was on its way to the refinery on Thursday.

Aliko Dangote, chairman of Dangote Group, had said the plant would start production with 350,000 barrels per day (bpd) of crude.

In the statement, the firm said the inaugural one million barrels, representing the first phase of the six million barrels to be supplied to the refinery by a range of suppliers, should sustain the initial 350,000 bpd to be processed by the facility.

The refinery said it will receive the next four cargoes — to be supplied by the Nigerian National Petroleum Company (NNPC) Limited — in two or three weeks.

“The next four cargoes will be supplied by the NNPC in two to three weeks and the final of the six cargoes will be supplied by ExxonMobil,” the statement reads.

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