HomeNewsNigeria Commissions the 650,000 barrels per day Dangote Refinery in an Effort to Cease Fuel Imports to the Country

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Nigeria Commissions the 650,000 barrels per day Dangote Refinery in an Effort to Cease Fuel Imports to the Country

5/22/2023

Nigerian President Muhammadu Buhari performed a commissioning ceremony on Monday to formally announce that the 650,000 barrel per day Dangote refinery had officially begun, with crude refining anticipated for a June startup. The country hopes that this will bring about fuel independence, but securing crude supplies for the project could prove to be difficult. The Dangote refinery has experienced years of delays as the project has cost approximately $19 billion to finally complete. This refinery is expected to produce enough petroleum products to become an export hub eventually, as this refinery is planning to produce 53 million liters a day. Nigeria currently consumes about 33 million liter

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