Related Articles
Aliko Dangote (centre) inspecting progress at the Dangote oil refinery site, near Akodo Beach in Lagos
Forward article link
Share PDF with colleagues

Nigeria’s refining renaissance

Africa’s leading oil producer is looking to replace its archaic and underutilised refining capacity with the aim of becoming a global player

The 62-year old shoulders of Aliko Dangote support, to all intents and purposes, the lofty ambitions and desperate hopes of Nigeria in boosting its refining capacity, thanks to his new refinery under construction in a free trade zone on the outskirts of Lagos, its commercial capital. Africa’s largest oil producer averages around 1.8-2mn bl in daily crude oil production but its four refineries have a combined refining capacity of only around a quarter of that—a measly 445,000 bl/d. One is a relic from before independence from the UK in 1960, while the others were built in the 1970s and 1980s. Just as depressing is the fact that each of the plants operate at a level far below their full capa



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
European refiner hopes for a driving season
26 February 2021
Varo sees the potential for a desire to holiday but a reluctance to fly recreating the US phenomenon on the other side of the Atlantic
LNG central to Asian net-zero emissions strategies—Shell
26 February 2021
Major consuming countries’ net-zero emissions targets will drive rather than hinder growth, with trade set to double by 2040
Asian LNG demand poised to climb further
26 February 2021
The LNG sector remains very bullish about the prospects for Asian demand in the 2020s
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video