• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunrise News
Advertisement
  • Business
  • Columnist
  • Fashion
  • News
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Columnist
  • Fashion
  • News
  • Politics
  • Sports
  • Technology
No Result
View All Result
Sunrise News
No Result
View All Result
Home Business

Dangote Refinery Receives Fourth One Million Barrels of Crude; Fifth, on the way

sunrise by sunrise
January 2, 2024
in Business
0
Dangote shops for fresh $19bn to complete refinery

Dangote Refinery

0
SHARES
56
VIEWS
Share on FacebookShare on Twitter

Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of, one million barrels of Bonny light crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL), and expecting the fifth crude shipment, anytime from now.

The fresh one million barrels of crude was the fourth consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery.

Also Read
Tinubu Presidency: Lagos Arewa Community targets 1.5m votes, ahead 2023 election- Sa’adu

It would be recalled that Dangote Refinery had earlier, received three million barrels of crude.

Managing Director of Dangote Ports Operations, Mr. Akin Omole, had then told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos that the Refinery will receive about four million crude shipment before the end of 2023 and the remaining two by early January 2024. He said the crude supply would put the Refinery in good stead to commence operation.

Once the 6 million barrels are fully delivered, it 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).

Also Read
Ounje Eko: LASG targets 500,000 Households, Journalists in new batch of palliatives

This latest development will play a pivotal role in alleviating the fuel supply challenges faced by Nigeria as well as the West African countries.

Designed for 100% Nigerian crude with the flexibility to process other crudes, the 650,000 barrels per day Dangote Petroleum Refinery can process most African crude grades as well as Middle Eastern Arab Light and even US Light tight oil as well as crude from other countries.

Dangote Petroleum Refinery can meet 100% of Nigeria’s requirement of all refined products, gasoline, diesel, kerosene, and aviation jet, and also has a surplus of each of these products for export.

Also Read
Minister of Interior, Tunji-Ojo promises passport backlogs will be cleared in two weeks

The refinery was built to take crude through its two SPMs located 25 kilometres from the shore and to discharge petroleum products through three separate SPMs. In addition, the refinery can load 2,900 trucks a day at its truck-loading gantries.

Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available. In addition, all products from the refinery will conform to Euro V specifications.

The refinery is designed to comply with US EPA, European emission norms, and Department of Petroleum Resources (DPR) emission/effluent norms as well as African Refiners and Distribution Association (ARDA) standards.

Also Read
South Korean actress, song Yoo-Jung is dead

While receiving the first consignment, President of Dangote Group, Mr. Aliko Dangote stated: “We are delighted to have reached this significant milestone. 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. I look forward to the next significant milestone when we deliver the first batch of products to the Nigerian market.”

Tags: Bonny LightCrude OilDangote RefineryNNPCL
Previous Post

Edo 2024: Needless attacks against Ighodalo as 'Lagos boy,' 'inability' to speak Esan language

Next Post

Airtel Africa announces retirement of Ogunsanya, names successor

sunrise

sunrise

Related Posts

Dangote Refinery capable of solving Nigeria’s forex problems
Business

Dangote Refinery capable of solving Nigeria’s forex problems

July 8, 2024
Experts seek collaboration on Nigeria’s economic development
Business

Experts seek collaboration on Nigeria’s economic development

July 7, 2024
Economy: LASG to bolsters cooperative societies activities with increased funding
Business

Economy: LASG to bolsters cooperative societies activities with increased funding

July 5, 2024
Next Post
NBCC Series 2023: Airtel Africa Chief, Ogunsanya to share knowledge, experience

Airtel Africa announces retirement of Ogunsanya, names successor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

firstbank
http://ecobank.com/personal-banking/ways-to-bank/mobile/mobile-banking-via-apphttp://ecobank.com/personal-banking/ways-to-bank/mobile/mobile-banking-via-apphttp://ecobank.com/personal-banking/ways-to-bank/mobile/mobile-banking-via-app
AccessBankAccessBankAccessBank
PlusWorldPlusWorldPlusWorld

Popular Stories

  • We will continue to explore ways to ease traffic on Lagos roads –Ambode

    We will continue to explore ways to ease traffic on Lagos roads –Ambode

    0 shares
    Share 0 Tweet 0
  • Boko Haram: Soldiers are inadequate, says Borno Governor

    0 shares
    Share 0 Tweet 0
  • Boko Haram: You shall be home soon, Umara assures refugees

    0 shares
    Share 0 Tweet 0
  • 10 years of Boko Haram, humanitarian community ask for scaling up of interventions

    0 shares
    Share 0 Tweet 0
  • Plant a tree to preserve, protect the earth – Toba Oke

    0 shares
    Share 0 Tweet 0
  • Breaking: MEET YOUR MINISTERS…

    0 shares
    Share 0 Tweet 0
Currently Playing

Recent News

Fubara

Failed Rivers explosion: Fubara expresses worry over police’s silence

July 8, 2024
Yahaya Bello

N80.2bn fraud: Yahaya Bello loses bid to transfer case to Kogi

July 8, 2024
Emefiele

EFCC opposes Emefiele’s quest for overseas medical trip

July 8, 2024
LASTMA to launch call centre, toll-free lines for improved motorist services 

LASTMA to launch call centre, toll-free lines for improved motorist services 

July 8, 2024
Sunrise News

Welcome to Sunrise News. Home to the latest news around the world.

Browse by Category

  • 2023 ELECTION UPDATE
  • ART
  • BBN TITANS
  • BBNaija All Stars
  • BBNAIJA SHINE YA EYES
  • BBTitans
  • BigBrotherNaija Level Up
  • Business
  • Celebrities
  • Columnist
  • Commentary
  • Community
  • Crime
  • Edo Decides2020
  • Education
  • Entertainment
  • Fashion
  • Featured
  • Health
  • Interview
  • INTIMACY
  • INTIMACY
  • Labour
  • News
  • NIGERIA'S VERDICT2023
  • Ondo Decides 2020
  • Online Specials
  • OPINION
  • PHOTO NEWS
  • Politics
  • Sports
  • Technology
  • TRANSPORTATION
  • Uncategorized
  • World

Follow Us

Recent News

Fubara

Failed Rivers explosion: Fubara expresses worry over police’s silence

July 8, 2024
Yahaya Bello

N80.2bn fraud: Yahaya Bello loses bid to transfer case to Kogi

July 8, 2024
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2019 Sunrise - Powered by Mentapps Solutions Limited.

No Result
View All Result

© 2019 Sunrise - Powered by Mentapps Solutions Limited.