Aliko Dangote, Chairman of Dangote Group, has stated that the first batch of petroleum products from the refinery will be available to the market by the end of July.
On Monday, Dangote praised the commissioning of the integrated refinery project in the Lekki free trade zone area of Lagos State as a milestone in a new and exciting trajectory for Nigeria’s oil and gas downstream sector.
“It is our firm commitment that we will replicate in this sector what we have actually achieved in the cement and fertilizer markets while Nigeria transformed from being the largest importer of these crude products to a net exporter,” he stated.
“Our first goal is to ramp up projections of various production to ensure that within this year, we are able to fully satisfy our nation’s demand for higher quality products to enable us to eliminate the tragedy of import dependency and stop, once and for all, the dumping in our market of toxic substandard petroleum products.
“Our first products will be in the market before the end of July, beginning of August this year.”
He also stated that the refinery will operate at maximum capacity and efficiency in order to export competitively to other markets.
According to the PUNCH, the refinery, which can process 650,000 barrels of crude oil per day, converts crude oil into various petroleum products like diesel, gasoline, jet fuel, and kerosene.
