Dangote Refinery Project 97 Percent Complete
The 650,000 barrels per day Dangote Refinery at Lekki in Lagos metropolis, is 97 per cent complete.
The Nigerian midstream and downstream petroleum regulatory authority announced this on its twitter handle.
The authority chief executive, Farouk Ahmed, said the authority would give all necessary support to ensure timely completion and kick start operations.
Recently, the world bank said the refinery was expected to boost Nigeria’s external earnings by drastically reducing imports of fuel, contributing to the regional supply of petroleum products.
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Nigerian national petroleum company (NNPC) limited has a 20 percent stake on behalf of the government in the integrated refinery project which is expected to be Africa’s biggest oil refinery and the world’s biggest single-train facility.
The African Petroleum Producers Organization said that the Dangote refinery would reduce petroleum product imports across Africa by 36 percent upon commencement of operations.