Oil & Gas

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

245

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.

Leave a comment

Related Articles

Port Harcourt refinery to start producing 2.2m litres of diesel, petrol daily soon – FG

The Federal Government has announced that the Port-Harcourt Refinery is gearing up...

NNPCL GCEO Kyari Hinges Wealth Creation on Energy Security

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited...

Nigeria’s oil exports rose by 60.8% in Q3 of 2023 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has disclosed that oil exports...

NNPCL, CBN partner for seamless banking operations

In their bid to foster transparency and seamless commercial operations, the Nigerian...

NNPCL hits another milestone with 14,000 bpd production from Akpo West Field

The Nigerian National Petroleum Company Limited (NNPCL) has commenced oil production from...

Queues at Abuja filling stations a local problem, will vanish soon, says NNPC GMD

Petrol queues in Lagos: NNPCL allays fear of scarcity, blames queues on resolved distribution issue

The Nigerian National Petroleum Company Limited (NNPCL) says the long queues in...

Climate Change: NNPCL partners U.S. govt, Deloitte to reduce greenhouse gas emissions from OML 34

Africa’s biggest oil company, the Nigerian National Petroleum Company Limited (NNPCL), is...

Resolve litigation on $1.3bn Malabu OML 245 deal, Pres. Tinubu orders AGF, Lokpobiri, others

President Bola Tinubu has given a marshing order to the Attorney-General of...

Bouyed by Pres. Tinubu’s economic policies, NNPC Ltd. woos South Korean investors for gas projects

Driven by the need to expand the scope of its Liquified Natural...

FG expedites talks with Morocco on Nigeria-Morocco gas pipeline project

Nigeria and the Kingdom of Morocco are intensifying discussions to fast-track the...

NNPCL records 214 oil theft cases in one week in Niger Delta

The Nigerian National Petroleum Company Ltd. (NNPCL) says it has recorded at...

NNPCL-facilitated Afreximbank $3.3bln crude oil pre-payment loan to address nation’s FX challenges, says spokesman Soneye

The Nigerian National Petroleum Company Limited (NNPCL) has explained the rationale for...

NNPCL uncovers 83 illegal refineries in Niger Delta in one week 

The Nigerian National Petroleum Company Ltd (NNPCL) has uncovered 83 illegal refineries...

We’ll produce diesel, aviation fuel before January end — Dangote

Diesel and aviation fuel will be produced from the Dangote Refinery in...

NNPCL records N2.5trn highest ever profit in 47 years

The Nigerian National Petroleum Company Ltd (NNPCL) has recorded its highest ever...

157 incidents of crude oil theft recorded in Niger Delta in one week, 17 suspects arrested – NNPCL

The Nigerian National Petroleum Company Ltd (NNPCL) says it recorded 157 incidents...

Dangote refinery receives 5th one million crude oil shipment

Dangote Petroleum Refinery has confirmed that it has received the fifth crude...

Insecurity in Niger Delta, Lake Chad: Matawalle presents two hi-tech unmanned water vessels to Pres. Tinubu

To further strengthen the fight against insecurity on the country’s waterways, the...

Blissful, seamless Christmas holidays for Nigerians as NNPC Ltd. ensures energy security nationwide

In keeping with its promise, the Nigerian National Petroleum Company Limited (NNPC...

NAF destroys six illegal refineries in Rivers

The Nigerian Air Force (NAF) has destroyed six illegal oil refining outfits...