Nigeria’s Dangote refinery, which has a capacity of 650,000 barrels per day, is currently in the final stages of testing its gasoline production.
The refinery is anticipated to be fully operational by mid-September, according to recent updates from industry analyst IIR Energy.
This $20 billion facility, established by Africa’s richest man, Aliko Dangote, is located on the outskirts of Lagos. After enduring several delays, the refinery officially began operations in January.
Although the Dangote refinery has so far only produced diesel and other distillate fuels, the company had initially projected that gasoline production would commence in July. The original target for starting gasoline production was set for May, but adjustments have been made, and there could be further delays, as noted by IIR Energy.
Attempts to contact Dangote for more details were unsuccessful, with emails not being delivered and phone calls going unanswered. This lack of communication has left some uncertainty about the exact timeline for the refinery’s gasoline output.
Once it becomes fully operational, the Dangote refinery is expected to significantly impact the fuel trade between Europe and Africa. The facility’s production capabilities could disrupt established fuel trade routes and shift market dynamics.
In addition, the refinery will play a crucial role in reducing Nigeria’s dependence on imported refined products. By producing gasoline domestically, Nigeria aims to strengthen its energy security and enhance economic stability.
The refinery’s ability to produce a range of fuels domestically could also lead to lower fuel prices within Nigeria, benefiting consumers and potentially spurring economic growth.
Overall, the commencement of gasoline production at the Dangote refinery marks a significant milestone for Nigeria’s energy sector and represents a major step towards self-sufficiency in refined petroleum products.