Dangote Industries Limited has said its crude oil refinery is expected to produce 65.4 million litres of petrol, diesel, aviation fuel, and kerosene daily when it comes on stream.
In a statement on Sunday, the company described the refinery as the world’s largest single-train refinery, with a capacity of 650,000 barrels per day.
It said the high volume of petroleum products from the refinery, located in Lagos, would transform Nigeria from a petrol import-dependent country to an exporter of refined petroleum products.
According to the statement, the company’s plan is to satisfy Nigeria’s demand for petrol, aviation fuel, kerosene, and diesel, leaving a surplus for export.
The Group Executive Director, Strategy, Capital Projects and Portfolio Development, DIL, Devakumar Edwin, said the refinery was being designed to accommodate multiple grades of domestic and foreign crude, and process them into high-quality petrol, diesel, kerosene, and aviation fuels that would meet Euro V emissions’ specifications, plus polypropylene.
“The project will provide thousands of direct and indirect jobs and add value to Nigeria’s economic development. It will lead to significant skills transfer and technology acquisition opportunities in the country,” he added.