dangote refinery

PETROL MARKETERS IMPORT 123 MILLION LITRES AMID ONGOING DISCUSSIONS WITH DANGOTE REFINERY In a bid to enhance fuel supply across Nigeria, petrol marketers have imported approximately 123.4 million litres of Premium Motor Spirit (PMS), according to findings from seaports. The shipments, spread...

NNPC STEPS ASIDE AS SOLE BUYER FOR DANGOTE REFINERY PETROL, OPENING MARKET TO INDEPENDENT MARKETERS Details: 1. Withdrawal Announcement: The Nigerian National Petroleum Company Limited (NNPC) has announced it will no longer serve as the sole off-taker for petrol produced by the Dangote...

DANGOTE REFINERY SET TO BOOST NIGERIA’S GDP TO $322 BILLION BY 2025, REPORT REVEALS A recent report from Data Services & Resources Ltd has projected that the Dangote Oil Refinery will significantly elevate Nigeria's Gross Domestic Product (GDP) to $322 billion by 2025. This forecast comes as...

NAIRA-FOR-CRUDE INITIATIVE KICKS OFF AS DANGOTE REFINERY AWAITS FIRST SUPPLY, THREE MORE REFINERIES SET TO PRODUCE PETROL Key Details: 1. Initiation of Naira-for-Crude Deal: - The Nigerian National Petroleum Company Limited (NNPC) is expected to start supplying crude oil to the Dangote...

PENGASSAN URGES FG TO BOOST STAKE IN DANGOTE REFINERY FOR ENERGY SECURITY The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to significantly increase its stake in the Dangote Petroleum Refinery from 7% to 45%. According to...

DANGOTE PETROL: MARKETERS WAIT AS DELIVERY DATE EXTENDED AGAIN 1. Delayed Petrol Rollout: The Dangote Petroleum Refinery, with a capacity of 650,000 barrels per day, might not start producing petrol on the previously scheduled date of August 12, 2024. This follows earlier projections from...

Nigeria’s new Dangote oil refinery is ramping up gasoil exports to West Africa, capturing market share from European refiners. According to traders and shipping data, the $20 billion refinery is currently producing a lower grade of gasoil while awaiting the restart of units needed for cleaner...

A fire broke out at Dangote Petroleum Refinery in Lagos' Lekki Free Zone today 26th June. According to Dangote Group's Chief Corporate Communications Officer, Anthony Chiejina, the fire at the effluent treatment plant was swiftly contained. Operations continue without injury to staff, reassuring...

The Dangote oil refinery in Lagos State is reportedly on fire at the moment. A video making the rounds online has shown the refinery going up in flames as the workers stood in sight watching the premises consumed by fire. The fire was reportedly caused by a gas explosion. The workers have been...

DANGOTE REFINERY EYES 500,000-BARREL PRODUCTION CAPACITY BY JULY Barring any last-minute changes, the $20 billion Dangote Oil Refinery is set to be listed on the Nigerian Stock Exchange by December 2024. Aliko Dangote, Chairman of the Dangote Group, expressed his desire for Nigerians...

The Dangote refinery is a private oil refinery owned by Africa's richest man and Nigeria's oil magnate Aliko Dangote. Dangote oil refinery was inaugurated on May 22nd 2023 in Lagos, Nigeria. Aliko Dangote announced his plans to build a refinery in Nigeria in 2013. the financing of the project...

The Dangote Refinery is an oil refinery owned by Alhaji Aliko Dangote that was inaugurated on the 22nd of May 202 in Lekki, Nigeria. When in full operation, it is expected to have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in...

At the ceremony commemorating the inauguration of the Dangote refinery in Lagos, Godwin Emefiele, the President of the Central Bank of Nigeria, revealed that the refinery's operations would exert a substantial influence on Nigeria's foreign exchange (FX) reserves. Emefiele emphasized that once...