Dangote refinery eyes major expansion and global crude sourcing
The Dangote Petroleum Refinery is planning to boost its crude processing capabilities to handle up to 130 different crude grades. The refinery, which has recently achieved full capacity, is preparing for a significant expansion that will double its output and broaden its crude sourcing options beyond Nigeria. David Bird, the Chief Executive Officer, described the facility as a merchant-style refinery built to compete with global trading hubs. The expansion aims to position the refinery as one of the world’s most flexible and cost-efficient large-scale refineries.
TLDR
- David Bird revealed that the refinery currently processes around 40 crude grades, with a long-term goal of reaching about 130.
- The planned expansion will raise capacity to approximately 1.4 million barrels per day, nearly doubling current output.
- The refinery is integrating petrochemical units and logistics infrastructure to become a global energy hub.
- After the Middle East war began, Dangote shifted to “max jet mode” and became the world’s largest exporter of aviation fuel in April, according to S&P Global Commodities at Sea data.
- The refinery produces 200 per cent of its petrol potential by importing blending components and can make up to 100 million litres per day with improved storage.
