- The 650,000-barrel-per-day facility, located in Lagos and owned by Nigerian billionaire Aliko Dangote, began processing crude into products such as diesel, naphtha, and jet fuel in January 2022.
- Dangote Oil Refinery is actively exploring new markets for its refined products.
Edwin Devakumar, head of the Dangote Oil Refinery, announced on Monday that Africa’s largest refinery is expected to operate at full capacity within 30 days.
Eko Hot Blog reports that the 650,000-barrel-per-day facility, located in Lagos and owned by Nigerian billionaire Aliko Dangote, began processing crude into products such as diesel, naphtha, and jet fuel in January 2022.
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After initially facing challenges in securing sufficient local crude supplies, the refinery turned to imports. Now, with operations reaching 85% capacity, Devakumar stated, “We can go 100 percent in 30 days.”
To meet the refinery’s needs, the Nigerian government has agreed to supply crude in the local naira currency.
For the first half of 2025, the oil regulator has requested 550,000 barrels per day from Nigerian producers, threatening to block export permits for those who fail to meet their supply quotas.
Dangote Oil Refinery is actively exploring new markets for its refined products.
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Founder Aliko Dangote recently revealed plans to send two cargoes of jet fuel to Saudi Aramco as part of the company’s expansion strategy.
