Nigerian President Muhammadu Buhari is expected to join other global oil and gas players to officially commission the about $19 billion Dangote Refinery, today at Lekki Free Zone in Lagos State, Nigeria.
The refinery said to be Africa’s largest crude oil refinery which is situated on six, thousand 180 acres land, is currently the world’s largest single-train refinery and will produce about 650, thousand barrels of crude per day.
Its pipeline infrastructure is the largest anywhere in the world, with one thousand 100 kilometres to handle three billion Standard Cubic Feet per day of gas due to the large capacity of the refinery.
The refinery is expected to help Nigeria to address its fuel issues and support the downstream sector in West Africa and beyond.
The refinery had an initial price tag of $12 billion but ended up costing about $19 billion. Processing is scheduled to begin in June, or later in the year, and it will ramp up gradually to full capacity by 2025.
