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Home Oil & Gas

Completion of $10billion Dangote refinery delayed by at least 6 months

PER SECOND NEWS by PER SECOND NEWS
July 8, 2018
in Oil & Gas
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The completion of the new $10 billion Dangote’s refinery is to be delayed by at least 6 months, according to reports from oil price.com.

Dangote, believes that the 650,000-bpd facility could be near its full capacity by the middle of  2020 which would be some one and a half years later than the originally planned startup date.

Back in 2016, Dangote, said that the refinery would aim to meet all of Nigeria’s daily demand for fuels of up to 550,000 bpd. The excess, he said, would be exported. At that time, some initial works for the refinery were already under way, with plans to bring it online by late 2018.

The startup date has been pushed out several times.

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