Dangote Refinery Commissioned in Nigeria Despite Crude Supply Concerns
Originally Published 2 years ago — by Reuters
Nigeria's Dangote Petroleum Refinery, one of the country's single largest investments, will be commissioned on Monday, but a lack of crude supply poses a major risk to it achieving full production. Despite being Africa's biggest oil producer, Nigeria imports petrol, diesel and processed petroleum products because its refineries were run down over the years. The refinery needs a constant supply of crude but Nigeria's oil production has been declining due to oil theft, vandalism of pipelines and underinvestment.