Name of the Project
Nigeria oil refinery.
Location
Lagos, Nigeria.
Project Owner/s
Dangote Group.
Project Description
The project entails the construction of a new refinery with a capacity of 650 000 bbl/d.
The refinery is part of a vast petrochemical project that will also house the world’s biggest ammonia plant. Once operational, the facility is intended to curb, or even end, the nation’s dependence on fuel imports.
The refinery and petrochemical complex are located on 25 000 ha of swampy land, with a jetty to ferry products by sea within Nigeria and abroad, including a subsea pipeline to transport gas.
Dangote intends to process different grades of crude to meet local demand for refined petroleum products and also target export markets.
Potential Job Creation
The project is expected to generate thousands of jobs.
Capital Expenditure
The oil refinery will cost about $19-billion.
Planned Start/End Date
Originally scheduled for completion in 2016, the project is now expected to be commissioned in 2022.
Latest Developments
Nigeria’s new Dangote oil refinery will start processing crude in the third quarter of this year.
Mechanical work on the refinery is complete and “hopefully, before the end of third quarter, we should be in the market,” Nigerian business magnate Aliko Dangote has said.
The plant will start with a processing capacity of 540 000 bbl/d.
Key Contracts, Suppliers and Consultants
Mammoet (transportation, lifting and installation of all over-dimensional cargo).
Contact Details for Project Information
Dangote Group, tel +234 1 448 0815 or email communications@dangote.com.