Dangote Refinery Set To Commence Operation As First Crude Shipment Arrives

Posted by Thandiubani on Fri 08th Dec, 2023 - tori.ng

Despite being officially completed in May, the privately owned refinery has been unable to produce any oil products due to a lack of domestic crude feedstock.

 
Information gathered from market sources and tanker tracking data has revealed that Dangote Refinery will soon commence operations.
 
This is as the Refinery's first batch of crude feedstock arrived in Nigeria.
 
After years of delays, this development signifies that fuel production at the new $19 billion facility is finally ready to commence, Naija News reports.
 
It was gathered that on December 6, the OTIS tanker loaded a cargo of 950,000 barrels of Agbami crude, which was then discharged at the Dangote refinery terminal on Thursday (yesterday).
 
The Suezmax tanker, chartered by the Nigerian National Petroleum Company (NNPC), is the initial supplier of crude for Dangote’s refinery as it begins to ramp up operations.
 
Despite being officially completed in May, the privately owned refinery has been unable to produce any oil products due to a lack of domestic crude feedstock.
 
However, the NNPC, which holds a 20% stake in the refinery, has recently agreed to provide 6 million barrels of crude oil as feedstock for the refinery in December.
 
Recall that Chevron, the operator of Agbami, oversees one of Nigeria’s largest deepwater developments, which pumps approximately 100,000 b/d in the central Niger Delta region.
 
As stated by Platts ‘ Periodic Table of Oil, Agbami is known for producing light, sweet crude with a gravity of 47.9 API and a sulfur content of 0.04 per cent. This particular crude is renowned in the market for its high yield of naphtha and kerosene.
 
The PUNCH quoted an oil trader to have said that NNPCL has chartered several additional tankers to transport more crude shipments from offshore fields to the refinery later this month. Despite being unveiled in 2013, the refinery’s startup has faced multiple delays. However, the majority of the key units were installed in 2019.
 
The crude distillation unit has been specifically designed to handle twelve different types of crude oil simultaneously. Additionally, it has been meticulously engineered to efficiently process three specific Nigerian crude grades, namely Escravos, Bonny Light, and Forcados.
 
Upon reaching full operational capacity, this plant is projected to produce a daily output of 327,000 barrels of gasoline, 244,000 barrels of gasoil/diesel, and 56,000 barrels of jet fuel/kerosene.
 
Furthermore, it is expected to generate an annual production of 290,000 metric tons of propane/LPG, as stated in previous presentations by Dangote, Naija News understands.
Popular Stories
How To Confirm Whether Your Sim Card Is Registered
The Inspiring Love Story of a Mad Couple Who are Married for 22 Years with 3 Children
Warning! You Can Get These Deadly Diseases Through Kissing
This is Why Every Bride Wears White on Their Wedding Day
Bird Turn to Woman After Falling Off High Tension Wire (PHOTOS)


Copyright © 2022 Tori.ng - All rights reserved
Tori.ng is owned and managed by Cyclofoss Technologies Ltd.