Home Business Dangote Refinery receives 6th batch of Crude oil barrels… set to commence...

Dangote Refinery receives 6th batch of Crude oil barrels… set to commence production

132
0

By Loa Modupe (LAGOS) –

Dangote Refinery, located in Lagos, appears set to commence production of refined petroleum products with the receipt of the sixth batch of the of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL).

According to a release from Dangote Group, made available to The DRUMBEAT today, The fresh one million Agbami barrels of crude via MT ALMI SUN is the sixth to complete the scheduled 6 million barrels consignment to be delivered to the Dangote facility needed to commence operations by the world’s largest single-train refinery.

The development is coming amidst the on-going probe by the Economic and Financial Crimes Commission (EFCC), into the alleged abuse of the foreign exchange allocations by Dangote Group of companies, owned by African billionaire businessman, Aliko Dangote.

The EFCC is investigating preferential allocations of forex to the Dangote Group and 51 other companies by the Central Bank of Nigeria (CBN) during the tenure of Godwin Emefiele as Governor.

Last week, operatives of the anti-graft agency stormed the head office of Dangote Group located in the high-brow Ikoyi area of Lagos as part of the ongoing investigation

After the search in Lagos, the EFCC also summoned some officials of the Dangote Group to Abuja where, as reliably gathered, they are expected to go along with detailed documents pertaining to forex transactions by the company in the last nine years.

Exactly a month ago, Dangote Refinery received the first one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO), one of the largest trading companies in Nigeria as well as globally, trading over 8 million barrels of crude oil per day.

Since then, Dangote Refinery has been receiving in batches, one million barrels of crude oil with the lastest batch of the 6 million already being discharged at the Single Point Mooring (SPM-C2) at the Dangote Offshore Oil Terminal (DOOT)

Speaking during the maiden delivery then, Managing Director of Dangote Ports Operations, Mr. Akin Omole told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery January would collect all the 6 million barrels of crude before the end of January to put the Refinery in good stead to commence operation.

Said he “Once the 6 million barrels are fully delivered, it will facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and LPG before subsequently progressing to the production of Premium Motor Spirit (PMS).

This latest development will play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries.

Designed for 100% Nigerian crude with the flexibility to process other crudes, the 650,000 barrels per day Dangote Petroleum Refinery can process most African crude grades as well as Middle Eastern Arab Light and even US Light tight oil as well as crude from other countries.

Dangote Petroleum Refinery can meet 100% of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and also have surplus of each of these products for export.

The refinery was built to take crude through its two SPMs located 25 kilometres from the shore and to discharge petroleum products through three separate SPMs. In addition, the refinery has the capacity to load 2,900 trucks a day at its truck loading gantries.

Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available. In addition, all products from the refinery will conform to Euro V specifications.

The refinery is designed to comply with US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms as well as African Refiners and Distribution Association (ARDA) standards.

Previous articleHow Timaya dazzled over 25,000 fans in Bayelsa with his superstar friends: D’Banj, Phyno, Tekno, Portable, others
Next articleEthiopian Cargo & Logistics Services adds Casablanca as its 35th freighter destination in Africa

Leave a Reply