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Dangote Refinery Is On Track For July Petrol Supply – Devakumar Edwin

Aliko Dangote

Aliko Dangote

The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin has come out to say that the Dangote oil refinery will supply petrol in July as promised.

He recently had his say while speaking to the press, and Nigerians have been reacting.

According to him, the company aims to catalyse a virtuous cycle of industrial development, job creation, and economic prosperity by harnessing Africa’s abundant crude oil resources to produce refined products locally.

He added that citizens should never forget that the products from the facility are of high quality and that they meet international standards.

The Director and Lead Analyst, Sovereign and International Public Finance Ratings, S&P Global Ratings, Ravi Bhatia added, “It is a very impressive facility, able to process 650,000 barrels a day, when in full capacity. It is the largest single-train refinery complex in the world. It came out quite quickly. Nigeria is a big exporter of crude but has issues with importing refined fuels.

So, there is a gap in the market where crude can be refined in Nigeria, save money that way, and potentially save some foreign exchange. This will be positive for the economy in the medium term. It looks positive from our assessment,” Bhatia said after an over four-hour tour of the facility.”


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