Dangote Petroleum Refinery and Petrochemicals Plant purchased 1 million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited , one of Nigeria’s and the world’s largest trading companies, trading more than 8 million barrels of crude oil per day.
The Times reported that one million barrels of Agbami crude oil were loaded onto the STASCO cargo, which was then transported to the Single Point Mooring of the Dangote Refinery and emptied into the refinery’s crude oil tanks.
The maiden 1 million barrels, which represent the first phase of the 6 million barrels of crude oil to be supplied to Dangote Petroleum Refinery by a range of suppliers, should sustain the initial 350,000 barrels per day to be processed by the facility.
In two to three weeks, the NNPC will supply the next four cargoes, and ExxonMobil will supply the last of the six cargoes.
This supply will help the refinery start up and will also initiate the production of LPG, diesel, and aviation fuel before moving on to the production of Premium Motor Spirit.
This most recent development will be crucial in easing Nigeria’s and the West African countries’ problems with fuel supply.
The 650,000 barrels per day Dangote Petroleum Refinery, built to process 100% Nigerian crude with the flexibility to process other crudes, can process most African crude grades, Middle Eastern Arab Light, and even US Light tight oil as well as crude from other countries.
The Dangote Petroleum Refinery has an excess of petrol, diesel, kerosene and aviation jet that it can export in addition to being able to supply all of Nigeria’s refined product needs.
The refinery’s two SPMs, which are situated 25 kilometers offshore, are designed to handle crude oil, and its three additional SPMs are designed to release petroleum products. Furthermore, the refinery’s truck-loading gantries have the capacity to load 2,900 trucks each day.
The self-sufficient maritime facility at Dangote Refinery can handle the largest vessel in the world. Furthermore, every product that leaves the refinery will meet Euro V requirements.
The refinery is built to meet emission/effluent standards set by the Department of Petroleum Resources, the US EPA, Europe, and African Refiners and Distribution Association standards.
The President of the Dangote Group, Mr. Aliko Dangote, said, “We are thrilled to have reached this important milestone. This is a significant accomplishment for the country since it shows that we are capable of planning and completing major capital projects. During the upcoming months, we intend to fully operate the refinery. As we ship the first batch of goods to the Nigerian market, I eagerly anticipate the next big milestone.
“We welcome the startup of a refinery that is designed to produce petrol, diesel and low-sulfur fuels for Nigeria and across West Africa and are happy to be enabling it,” said the country chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor.