Economy
Dangote Refinery Fixes Date To Commence Diesel, JetA1 Production
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Dangote Refinery Fixes Date To Commence Diesel, JetA1 Production
By Solomon Paul Lagos
The Dangote Petroleum Refinery is set to start producing diesel, and aviation fuel in January 2024, while the production of petrol, is being delayed by the supply of crude oil in instalments.
It was gathered on Sunday that the facility would require a minimum of six million barrels of crude oil to kick-start the full production of refined petroleum products including AGO, PMS, Jet A1 and Dual Purpose Kerosene, otherwise called kerosene.
But what the refinery got last week was one million barrels of crude, while the remaining five million barrels would arrive at the $20bn facility in another five instalments.
“For a 650,000bpd capacity refinery, it requires a minimum of six million barrels to start production, and what we have done now is to receive one million barrels and it is being discharged,” the company official stated.
“So it is just one million barrels for now, and that means we need to take it in instalments for six times, which is six instalments of one million barrels each,” the source added.
The official, however, stated that the one million barrels would lead to the production of diesel and aviation fuel, stressing that PMS, kerosene and other refined products would come as the company gets more crude cargoes.
“Ultimately, what that (the one million barrels receipt) means is that by January, maybe in the second week, we should start having diesel, after which aviation fuel will come before we now cascade to PMS,”