Interest grows in Nigerian refining

The Dangote refinery development is raising hopes of a refinery sector revival

Nigerian refining has stalled in recent years, but with completion expected later this year on what will be Africa’s largest refinery, serious interest appears finally to be returning. The 650,000bl/d facility under development outside Lagos by local firm Dangote Group is set for mechanical completion in November ahead of commissioning in January 2022, and several companies have reportedly expressed interest in acquiring an equity stake and/or crude supply agreements 650,000bl/d – Dangote refinery capacity Such opportunities could be of significant interest to expansive Middle Eastern oil producers such as Saudi Aramco and the UAE’s Adnoc , which have a history of engaging in interna