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Dangote's Refinery To Be Completed In 2021, See The Amazing Gigantic Construction Ongoing - Photos

Nigeria’s giant Dangote refinery will be ready for commissioning at the beginning of 2021, with production reaching full capacity by the end of the first half of the year.

Devakumar Edwin, a group executive director at Dangote Industries Ltd., gave this update in an interview at a conference in Lagos.

The refinery, which is designed to maximize gasoline output, will produce enough to allow for a small surplus of that fuel for export. It will also be able to send a large volume of diesel and jet fuel to international markets, Edwin said.

“We are confident that we can meet 100% of the requirement of the country, so the balance will go for export,” Edwin said.

Dangote plans to take advantage of local crude supply and it won’t participate in the crude-for-fuel swap deal that is managed by the NNPC, which recently extended its crude for fuel deal for another three years.

“We are going to buy the crude just at the export price and will sell our products at the import price, the crude swap is operating only for the importers of the product,” Edwin said.

The new refinery has been designed to process varieties of crude from sweet to light crude sourced both locally, and abroad. Dangote plans to export its diesel to Europe and gasoline to Latin America, Western and Central African markets, Edwin said.

Evacuation of refined products will be done by sea and through roads, he said.

“We are thinking of investing in vessels. We want to make sure we are not held for ransom by any transport operators.”

The refinery is meant to take off December 2019 but due to some logistics and issues beyond the control of the firm, they can't meet up with the proposed date. A lot has happened at this site, many theories have been broken and many records have been set, for example, the world biggest cane ever used was used at this site, the world's biggest atmospheric tower, the installation of the 586 tons Naphtha Hydrodesulfurization Unit, laying of the 48 inch underwater pipeline, Installation of the 586 tons Naphtha Hydrodesulfurization Unit among many others amazing equipments.

AutoReportNG got you covered as we have some amazing pictures for you to see...

1 comment:

  1. Hope the contract will not affect us in the future


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