Connect with us

Cover

Dangote Refinery Receives Its Maiden Crude Cargo

Published

on

 

In a major step towards boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day.

Advertisement

The STASCO cargo contained 1 million barrels from Agbami and sailed to Dangote Refinery’s Single Point Mooring (SPM) where it was discharged into the refinery’s crude oil tanks.

 

Advertisement

The maiden 1 million barrels, which represent the first phase of the 6 million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers, should sustain the initial 350,000 barrels per day to be processed by the facility. 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.

This supply will facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and LPG before subsequently progressing to the production of Premium Motor Spirit (PMS).

Advertisement

This latest development will play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries.

Designed for 100% Nigerian crude with the flexibility to process other crudes, the 650,000 barrels per day Dangote Petroleum Refinery can process most African crude grades as well as Middle Eastern Arab Light and even US Light tight oil as well as crude from other countries.

Advertisement

Dangote Petroleum Refinery can meet 100% of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and also have 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 has the capacity to load 2,900 trucks a day at its truck-loading gantries.

Advertisement

Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available. In addition, all products from the refinery will conform to Euro V specifications.

The refinery is designed to comply with US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms as well as African Refiners and Distribution Association (ARDA) standards.

Advertisement

President of Dangote Group, Mr. Aliko Dangote stated: “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.”

Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor stated: “We welcome the startup of a refinery that is designed to produce gasoline, diesel, and low-sulphur fuels for Nigeria and across West Africa and are happy to be enabling it.”

Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Cover9 hours ago

Ministerial Scorecard: Civil Society group rates Aviation Minister, Keyamo’s Performace As Superlative

Cover15 hours ago

Adron Homes Unveils 2024 Lemon Friday Promo: Huge Discounts and Flexible Payment Options Up to 60 Months

Cover15 hours ago

Customers Celebrated As Market Leaders Endorse MoneyMaster PSB at Owode Onirin Market

Banking/Finance22 hours ago

Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra

Cover22 hours ago

Glo Powered 2024 Ofala Festival to commence on Friday in Onitsha

Cover1 day ago

The Achievements and Imperatives of Interstate and International Travel of Governor Agbu Kefas of Taraba State

Cover2 days ago

Chief Allen Ifechukwu Onyeama: A Pillar in Nigeria’s Aviation Industry, Undeserving of Victimization

Cover2 days ago

MY FAMILY’S FORTUNE CHANGED AFTER ENCOUNTER AT ZION – ABUJA LADY

Cover4 days ago

Adron Homes Reaffirms Commitment to Customer Satisfaction During 2024 Customer Service Week

Cover5 days ago

We Must Build A Virile Legislature For The Future, Speaker Obasa Says

Banking/Finance5 days ago

63 Years of Empowering Golfing Excellence: FirstBank Presents the Lagos Amateur Open Golf Championship

news6 days ago

APC Suspends Petroleum Minister, Heineken Lokpobiri, David Lyon, Others For Anti-Party

Cover7 days ago

Lagos Lawmakers Seek Collaboration To End Food Insecurity

Cover7 days ago

Afrobeat Music star, Rema, features on Glo-sponsored African voices

Cover7 days ago

Former Stockswatch Editor, Kris Obiaje Bags PhD