By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Dangote Refinery Receives Its Maiden Crude Cargo
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Dangote Refinery Receives Its Maiden Crude Cargo

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: December 8, 2023
Share
3 Min Read
SHARE

Dangote Petroleum Refinery and Petrochemicals plant, a flagship project of the Dangote Group, has successfully acquired one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO).

The move is aimed at bolstering Nigeria’s domestic refining capacity and achieving energy self-sufficiency.

In an official statement obtained by the company, Dangote Refinery revealed that the one million barrels from Agbami were delivered to the refinery’s Single Point Mooring (SPM) by STASCO, where it was discharged into the facility’s crude oil tanks.

This acquisition marks the first phase of a broader plan, with a total of six million barrels of crude oil expected to be supplied to Dangote Petroleum Refinery by various suppliers.

- Advertisement -

The initial one million barrels is crucial for sustaining the refinery’s initial processing capacity of 350,000 barrels per day. Subsequent shipments will be provided by the Nigerian National Petroleum Corporation (NNPC) within the next two to three weeks, and the final cargo will be supplied by ExxonMobil.

The refinery’s management stated, “This supply will facilitate the initial run of the refinery as well as kick-start the production of diesel, aviation fuel, and LPG before subsequently progressing to the production of Premium Motor Spirit (PMS). This latest development will play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries.”

The Dangote Petroleum Refinery, designed for 100% Nigerian crude with the flexibility to process other crudes, has a daily processing capacity of 650,000 barrels. The facility can handle various African crude grades, Middle Eastern Arab Light, US Light tight oil, and crudes from other countries.

Aliko Dangote, President of Dangote Group, expressed delight at reaching this significant milestone, stating, “This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. Our focus over the coming months is to ramp up the refinery to its full capacity.”

- Advertisement -

Osagie Okunbor, the Country Chairman of Shell Companies in Nigeria, welcomed the startup of the refinery, highlighting its potential to produce gasoline, diesel, and low-sulphur fuels not only for Nigeria but also for West Africa.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Dangote Refinery
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Nestlé Nigeria Clinches Multiple Awards at Employers Excellence Awards
Next Article Prince Kunle Fafunwa Moves Against President Tinubu’s Peace Deal, Stirs Crisis With Onikoyi Kingship Ambition

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Dangote Refinery Unveils N720bn CNG Truck Fleet to Slash Fuel Costs, Save Nigeria Over N1.7trn Annually
Energy & Oil
Nigerian Troops Neutralize Terror Kingpin Mai Dada, Recover Arms in Multi-Region Operations
Security
NNPP Welcomes Possibility of Rabiu Kwankwaso Joining APC Amidst Ganduje’s Resignation
News
Tinubu’s State Visit to Saint Lucia Marks Historic Diplomatic and Cultural Engagement, Presidency Clarifies
International News
President Bola Tinubu Suspends Implementation of Financial Reporting Council Amendment Act 2023
News
- Advertisement -
Ad imageAd image

You May Also Like

News

Aminu Dantata to be Buried in Madinah After Saudi Approval

Muhammad A. Aliyu
Muhammad A. Aliyu
June 29, 2025
CrimeVideo

VIDEO: NDLEA Issues Strong Advisory to Travellers Against Carrying Unknown Bags

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
News

SERAP Demands Transparency from Nigeria’s Governors on Security Vote Spending

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 29, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?