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The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world.
The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. [2] It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$ 4.1 billion in 2017.
Dangote oil refinery The types of crude oil exported by Nigeria are Bonny light oil , Forcados crude oil , Qua Ibo crude oil and Brass River crude oil . [ 87 ] The U.S. remains Nigeria's largest buyer of crude oil, accounting for 40% of the country's total oil exports; Nigeria provides about 10% of overall U.S. oil imports and ranks as the ...
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In 2016, largely in response to dramatically falling oil prices due to U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing countries to create OPEC+. Josh Boak contributed ...
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity.
Owner and operator of the terminal is Nigeria LNG (NLNG), a joint venture between Nigerian National Petroleum Corporation (NNPC), Shell Gas, Total, and Eni. [2]At this moment (2022), the terminal has six operational LNG processing facilities, four 84,200m³ LNG storage tanks, four 65,000m³ cooling tanks, and three 36,000m³ condensate storage tanks.