Connect with us

business

Dangote Refinery set for production, receives 6th batch of 1m Crude oil barrels January 8 

Published

on

 Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL).

The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the initial scheduled 6 million barrels consignment to be delivered to the Dangote facility for commencement of operations by the world’s largest single-train refinery.

Advertisement

Exactly a month ago, Dangote Refinery received the first one 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 in over 8 million barrels of crude oil per day.

Since then, Dangote Refinery has been receiving the crude oil in batches, and the 6th batch of one million barrels of Agbami crude, got discharged today at the Single Point Mooring (SPM-C2) at the Dangote Offshore Oil Terminal (DOOT).

Advertisement

It would be recalled that the Managing Director of Dangote Ports Operations, Mr. Akin Omole had told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery will be in good stead to commence operation, once the 6 million barrels of crude had been delivered.

Omole said, “Once the 6 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 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 has a surplus of each of these products for export.

Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.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

Uncategorized23 hours ago

Fidelity Bank Chairman Amaka Onwughalu wins “Women on Bank Boards” at AWBFA 2026

Banking/Finance1 day ago

Wema Bank Plc Sets the Record Straight on False and Misleading Publication by NDIC on Legacy Transactions Involving Defunct Gulf Bank Plc

Cover2 days ago

Excitement as Zamfara Under Governor Lawal Begins Airlift of Pilgrims at Zamfara Airport

Banking/Finance5 days ago

Fidelity Bank’s gross earnings rise by 45%, shareholders’ funds cross N1trn mark

Cover5 days ago

Aare Adetola EmmanuelKing Felicitates Olofin of Ilisan Remo on 86th Birthday

Banking/Finance5 days ago

Mirroring Fidelity Bank’s Giant Footprints in Aviation Financing in Nigeria

Cover5 days ago

Governor Dauda Lawal Hails Troops for Successful Fight against Banditry, Terrorism across Zamfara State

Cover6 days ago

Governor Dauda Lawal Approves N3.2 Billion to renovate School of Nursing in Zurmi

Cover6 days ago

2027: Lagosians Unite For Tinubu As Lawmaker Declares Bid

news1 week ago

Alleged $1.5m Fraud: Court Dismisses Preliminary Objections, Bail Application of Intermediate Investment Holdings Boss, Ufoma Joseph Immanuel in Lagos

Cover1 week ago

IGP Commends Officers’ Bravery as Ondo CP Reinforces Professionalism, Discipline and Electoral Neutrality

Cover1 week ago

Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage

Cover1 week ago

NASSCO Honours Zamfara Governor Dauda Lawal with Excellence Award for Inclusive Governance

business2 weeks ago

Dangote Refinery says ex‑depot price remains unchanged

Cover2 weeks ago

Ondo Police Foil Kidnap Attempt, Rescue Victim, Arrest Suspect After Relentless Pursuit in Akure