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Dangote refinery to import crude from US

Dangote refinery to import crude from US
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Dangote refinery to import crude from US, the refinery had commenced production of diesel and aviation fuel earlier in the month.

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Dangote refinery to import crude from US 1

According to a report, in the upcoming months, the 650,000 barrels per day Dangote Refinery is expected to import crude from the United States (US).

According to traders with knowledge of the transaction, Trafigura Group sold the Dangote refinery two million barrels of WTI Midland for delivery at the end of February, as reported by Bloomberg on Monday.

According to dealers, this is the first time the massive refinery has bought non-Nigerian crude.

Related: Guterres makes case for Africa, calls for UN Security Council reform

Diesel and aviation fuel production had been started earlier in the month at the Dangote Petroleum Refinery.

Six million barrels of crude oil have been delivered to the refinery at its two SPMs, which are situated 25 kilometers offshore, according to a statement released by the firm announcing the start.

December 12, 2023, saw the delivery of the first crude, and January 8 saw the delivery of the sixth cargo.

One of the biggest trading businesses in Nigeria and the world, Shell International Trading and Shipping Company Limited (STASCO) sent over 8 million barrels of crude oil each day, and this was the first shipment to arrive at the factory. It was Agbami crude grade.

Related: Electricity Theft: Court adjourns case against Abuja property developer

With the delivery of an extra million barrels of crude oil from the Nigeria National Petroleum Company (NNPC Ltd.), the company took a step closer to starting the manufacturing of refined petroleum products.

The second shipment to be transported to the Dangote facility is a fresh one million barrels of crude from the Shell terminal via the Trafigural-owned MT Otis. The world’s largest single-train refinery is anticipating six million barrels of crude in total.

The refinery’s truck-loading gantries can handle 2,900 truckloads per day. The Refinery will produce goods that meet Euro V requirements.

Tags: DangoteDangote refineryImport crude from USRefinery
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