"Dangote Refinery Commences Production, Aims to Reduce Nigeria's Oil Imports"

1 min read
Source: OilPrice.com
"Dangote Refinery Commences Production, Aims to Reduce Nigeria's Oil Imports"
Photo: OilPrice.com
TL;DR Summary

The Dangote Refinery, Africa's largest, has commenced production of diesel and aviation fuel, marking the start-up of the refinery after years of delays. With a capacity of 650,000 barrels per day, the refinery is expected to meet 100% of Nigeria's demand for refined petroleum products and also have a surplus for export. The project, which has cost around $20 billion, aims to alleviate Nigeria's chronic fuel shortage and reduce its reliance on fuel imports, with plans to export diesel to Europe and gasoline to Latin American and African markets.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

1 min

vs 2 min read

Condensed

76%

36789 words

Want the full story? Read the original article

Read on OilPrice.com