Dangote Refinery in Nigeria has received an additional 1 million barrels of crude oil from Shell, marking the second shipment within two weeks. This recent delivery, which follows the initial cargo of one million barrels from NNPCL, brings the total to approximately two million barrels.
The ongoing supply is part of a larger initiative involving various suppliers to provide a total of 6 million barrels for the 650,000 b/d refinery. The operation of Dangote Refinery is anticipated to transform Nigeria into a net exporter of fuels, addressing the country's historical reliance on fuel imports.
Despite challenges, the refinery is set to commence the production of diesel and aviation fuel in January 2024, with petrol production awaiting the completion of crude oil supply.
Dangote envisions further cargoes from NNPC Ltd and ExxonMobil in the coming weeks and has plans to list Dangote Petroleum Refinery on the Nigerian Exchange Limited