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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 group has also diversified into oil and gas-related ventures, establishing a 3 million tonnes fertilizer plant, petroleum refinery capable of refining 650,000 barrels of oil and a petrochemical operation. [8] Dangote Refinery was inaugurated in May 2023, and will be the largest single train refinery in the world at full capacity. [17] [18]
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.
Gas for cars is priced as though crude oil is much higher than $110 per barrel, says one energy expert. Gas prices: U.S. hasn't built a major refinery 'in 60 years,' expert points out [Video] Skip ...
Gas prices are expected to rise this summer by about $0.10 per gallon amid falling refinery capacity and higher refining costs, according to government data. "US retail gasoline prices will ...
The refinery in Port Harcourt, along with other state-owned refineries in the country, has only utilised a fraction of its capacity in recent decades due to inefficient processes and a lack of maintenance. This has led to Nigeria, Africa's largest crude oil producer, becoming increasingly reliant on imports of refined petroleum products. [4]
The plan marks a continuation of the governor's campaign to blame the oil industry for high gas prices in California and another attempt by Newsom to jam legislation through the state Capitol.
Aliko Dangote (10 April 1957) is a Nigerian businessman and philanthropist. Born in Kano to a wealthy Hausa family, he was educated in Kano, and was the great-grandson of Alhassan Dantata , the richest person in West Africa at the time of his death in 1955.