NNPCL supplies Dangote Refinery another 1m barrels of crude oil

The Dangote Petroleum Refinery has received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL).

The development is a significant step for the refinery, which is already preparing to welcome the sixth one million crude oil cargo by next week as it hopes to begin operations.

The crude oil cargo being the fifth consignment to be delivered to the Dangote Petroleum Refinery out of the six million barrels of crude being expected, arrived at the Single-Point Mooring (SPM)-C2 Dangote Offshore Oil Terminal on Thursday and has already been discharged to the refinery’s oil tanks.

It would be recalled that Dangote Refinery earlier received four million barrels of crude.

The Managing Director of Dangote Ports Operations, Akin Omole, had told newsmen at the Dangote Quay, Ibeju-Lekki, Lagos, that the refinery would receive about four million crude oil shipments before the end of 2023 and the remaining two by January, 2024, to start operation.

Once the six 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).

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

Designed for 100 per cent 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 Oil, as well as crude from other countries.