By; RAYMOND TEDUNJAYE, Lagos
The Dangote Refinery and Petrochemicals has been commissioned in Lagos on Monday, with first refined petrol product expected to hit the Nigerian market before the end of July.
Chairman of Dangote Group Alhaji Aliko Dangote gave the assurance in his remarks at the official commissioning of the 650,000 barrels-per-day Dangote Refinery at Ibeju-Lekki in Lagos
He said the facility has a capacity to process 650,000 barrels per day of crude oil (plus 900,000 tonnes of polypropylene) in a single train.
“We have selected the best plants and equipment and the latest technologies from across the world.
“Also, the products slate is designed to meet the highest quality standards of high-value products including Premium Motor Spirit (PMS), Automotive Gas Oil (Diesel), Aviation Turbine Kerosine (ATK); all of Euro V Standards that will enable us not only meet our country’s demand but also to become a key player in the African and global market,” Dangote stated.
He said that the country’s coastal location and offshore loading and offloading (SPM) facilities with a capacity to receive all its crude oil supplies and evacuate up to 75 per cent of liquid products, offers the facility direct access to the rest of Africa and the global market for exports.
He also said 80 per cent of the refinery’s production can be discharged through trucks nationwide.
“This commissioning ceremony is just the beginning of a great journey, a milestone in a new and exciting trajectory for the Downstream sector of Nigeria’s Oil and Gas Industry. It is our firm commitment that we will replicate in this sector, what we have achieved in the cement and fertilizer markets, where Nigeria transited from being the largest importer of these products to a net exporter.
“Beyond today’s ceremony, our first goal is to ramp up production of the various products to ensure that within this year, we are able to fully satisfy our nation’s demand for high quality products to enable us eliminate the tragedy of import dependency and stop, once and for all, the dumping in our market of toxic sub-standard petroleum products. Your Excellencies, Distinquished Guests, our first product will be in the market before the end of July this year,” Dangote
Also speaking at the occasion, Vice President-elect, Kashim Shettima said that the Dangote Refinery shows that Africa is not only about poverty.
Shettima said this at the unveiling of the Dangote Refinery at Ibeju-Lekki, Lagos, on Monday.
During his speech at the refinery’s inauguration, the politician urged other businessmen and entrepreneurs in the country to follow suit.
He said, “I acknowledge and commend the government and people of Lagos State for creating an enabling environment for this project to come to reality.
“This project commenced in 2017 when President Muhammadu Buhari was at the helm of affairs of this great nation and was completed under his stewardship.
“I want to assure the Aliko Dangote Group that the incoming administration will do whatever is possible to keep and sustain the tempo of this project.
“Africa is not all about the crisis in Sudan, deprivation and destitute or insecurity. I hope the CNN, BBC, and Sky News of this world will be around to give maximum coverage to this function.”
The Dangote Refinery complex is located in the Lekki Free Zone area of Lagos.