The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, the group executive director, Edwin Devakumar told Bloomberg.
He also disclosed that the company’s fertiliser plant will start producing urea this year. The $10 billion refinery, set to be one of the world’s largest and which can process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Devakumar said in the interview,
“People still have difficulty believing we can do it on time and within those costs,” Devakumar said Wednesday. “But we believe we can. It’s something of the size that’s rarely been done before. It’s huge.” Dangote’s facility will probably produce about 50 million litres (13.2 million gallons) a day of gasoline and 15 million liters of diesel, though output can be changed according to the demand for each product, Devakumar said.
While Nigeria, a country of almost 200 million people, consumes roughly 35 million liters of gasoline daily, Dangote can export surpluses, Devakumar said.
“Once we start producing, we’ll be able to meet all local demand and we’ll also be able to start exporting,” he said.
The company has been in talks with oil traders including Royal Dutch Shell Plc, Vitol Group and Trafigura Group Pte about them supplying crude and buying refined products, according to Devakumar. “We are establishing a rapport with them, but there’s been nothing specific so far,” he said.
The plant is designed to process light and medium grades of crude and produce fuels that meet European standards so that Dangote can sell them globally.
“We’re flexible in terms of our feedstock,” Devakumar said. “We’ll be able to use all the African crudes, American crudes and Middle Eastern crudes. We don’t want to be dependent on Nigerian crude. We won’t be able to process heavy, dirty crudes. It doesn’t make sense in today’s environment.”
https://leadership.ng/2018/07/08/dangote-10bn-refinery-to-start-selling-petrol-by-2020/
Mynd44 lalasticlala oam4j

GOOD DEVELOPMENT

Nice one. . Buhari was relying on the dangote refinery to operate by 2018 reason he refused to build any government owned or fix the existing ones.... Tactically delayed till 2020... when the business environment will be more conducive postbuhari era

Great!!! How I wish they can start earlier than 2020

Well, if given this man the monopoly of everything in this country will reduce the rate of poverty n hype a bit the standard of living. Its OK since we don't have d leaders of our own.

I am impressed with their foresight. They are not going to depend on Nigeria crude so militant can't disrupt production.

unscrupulous business man like
Sanford can be bribing NNPC engineers
with hard cash €£$ to sabotage our
refineries.

I recall how he used his connection with
Obj regime to hound & chase out the
Stallion Group (owned by Indians) out
of Nigeria.

The stallion group gave him serious
completion in rice & flour business, as their
rice was always cheaper than that of Dangote.

He did same to importers of bulk
cement ( mainly easterners) &
used govt to collapse their business.

The man is only gentle looking.

Monopoly is a crime in many countries
including the US.

If only dangote can join the 2019 presidential race, even though he would probably steal like other politician, am very sure he would tackle more problem facing Nigerian economy with his commercially viable solutions, unlike this crops of lazy looters that proudly sings about that government has no business in business and sell off all country's assets.

Which of his Refineries??