Dangote Set to Launch New Refinery in Lagos

Nigeria’s Refinery about to take a new turn as the Dangote Refinery set to launch with the much awaited 650,000 barrels per day.

As Nigeria’s perennial refining problems will be addressed by the multi-billion-dollar Oil Refinery and Petrochemical Company.

Using this approach could assist the federal government in its efforts to become self-sufficient in refining crude oil locally to save precious foreign exchange used in petroleum importation.

Dangote Refinery, which is the world’s largest single-train refinery, will produce as much as 650,000 barrels per day, this translates to a total of 103,341,742 litres of refined petroleum product.

The Refinery complex, located in the Lekki Free Zone area of Lagos State, covers a land area of approximately 2,635 hectares, which is larger than the size of Victoria Island in Lagos.

The Dangote Refinery is scheduled for launch by President Muhammadu Buhari on May 22, 2023