The Dangote refinery, earlier scheduled to take off next year will no longer be possible.
The refinery is now scheduled to kick off operations in full capacity by mid 2021.
The refinery, a project by Africa’s richest man, Aliko Dangote is expected to cut short Nigeria’s reliance on importation of refined petroleum products for the nation’s consumption.
According toDevakumar Edwin, group executive director at Dangote Industries Ltd., revealed to Bloomberg that the refinery will be ready for commissioning at the beginning of 2021, with full capacity reached by the end of the first half of the year.
The Dangote refinery, which is designed to maximize gasoline output, will produce enough to allow for a small surplus of that fuel for export. It will also be able to send a large volume of diesel and jet fuel to international markets, Edwin said.
“We are confident that we can meet 100% of the requirement of the country, so the balance will go for export,” Edwin said.
