Home News Dangote Refinery gets fifth one million barrels of crude oil Cargo, expects 6th cargo next week

Dangote Refinery gets fifth one million barrels of crude oil Cargo, expects 6th cargo next week

by Business News Report

Dangote Petroleum Refinery, has received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL). A statement from Dangote group said the company is already preparing to welcome the 6th one million crude oil cargo to the refinery, by next week. This latest development is a significant step for the refinery as it is preparing to begin operations. The crude oil cargo being the fifth consignment to be delivered  to the Dangote Petroleum Refinery facility out of the six million barrels of crude being expected, arrived at the Single Point Mooring (SPM)-C2 Dangote Offshore Oil Terminal on Thursday, and has already been discharged to the refinery’s crude oil tanks. It will be recalled that Dangote Refinery had earlier, received four million barrels of crude.

Managing Director of Dangote Ports Operations, Mr. Akin Omole, had then told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery will receive about four million crude oil shipments before the end of 2023 and the remaining two by the early of January 2024. He said the crude supply would put the Refinery in good stead to commence operation. 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 LPG before subsequently progressing to the production of Premium Motor Spirit (PMS). 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.

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

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