{"id":9030,"date":"2023-12-08T12:25:23","date_gmt":"2023-12-08T12:25:23","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=9030"},"modified":"2023-12-08T12:25:23","modified_gmt":"2023-12-08T12:25:23","slug":"nigerias-dangote-refinery-set-to-receive-first-crude-cargo","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/9030\/","title":{"rendered":"Nigeria’s Dangote refinery set to receive first crude cargo"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The Dangote oil refinery in Nigeria is set to receive its first cargo of 1 million barrels of crude oil from Shell International Trading and Shipping Co later on Friday, bringing the start of operations closer after years of delays.<\/p>\n

Once fully running, the 650,000 barrel-per-day refinery funded by Africa’s richest man Aliko Dangote will turn oil powerhouse Nigeria into a net exporter of fuels, a long-sought goal for the OPEC member that is almost totally reliant on imports.<\/p>\n

Dangote Group said in a statement seen by Reuters on Friday that the cargo of 1 million barrels of Agbami crude it had purchased was the first of 6 million barrels that would enable an initial run of the refinery.<\/p>\n

That will kick-start output of diesel, aviation fuel and Liquefied Petroleum Gas, before the refinery later starts producing Premium Motor Spirit.<\/p>\n

A Dangote Group spokesperson said the STASCO cargo was expected to arrive at the refinery later on Friday.<\/p>\n

The next four cargoes will be supplied by state oil firm NNPC in two to three weeks and a final cargo will come from ExxonMobil, Dangote Group’s statement said.<\/p>\n

Despite being Africa’s biggest oil producer, Nigeria experiences repeated fuel shortages. It spent $23.3 billion last year on petroleum product imports and consumes around 33 million litres of petrol a day.<\/p>\n

“Our focus over the coming months is to ramp up the refinery to its full capacity,” Dangote was quoted as saying in the statement.<\/p>\n

Nigeria commissioned the refinery in May, after it ran years behind schedule. At a cost of $19 billion, the massive petrochemical complex is one of Nigeria’s single largest investments.<\/p>\n

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