Dangote refinery secures licence to refine 300,000bpd crude

Africa’s richest man, Aliko Dangote, has said his refinery has secured a licence to refine more than 300,000 barrels of Nigerian crude per day and will begin to process gasoline soon.

“We don’t want to start our refinery with foreign goods, we want to start with the Nigerian crude,” Dangote said in an interview in Riyadh on the sidelines of the Saudi-Nigeria business roundtable, according to Bloomberg.

“We’re more than ready and you will see our gasoline products soon,” he added.

The refinery was supposed to start production in August but missed that target in addition to several other over the years. But Dangote insists that his refinery will start producing “very very soon.”

The refinery’s first priority is to supply gasoline to Nigeria before exporting to elsewhere, including the West African region, he said.

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Dangote refinery secures licence to refine 300,000bpd crude

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