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Friday, July 5, 2024

Top 10 facts about Dangote oil and petrochemical refinery

The Dangote oil refinery has finally been completed and will be commissioned by the President of Nigeria, President Buhari on the 24th of January 2023.

Here are Top 10 facts about this humongous project:

1. The Dangote oil and petrochemical refinery is a 650,000 Barrel-Per-Day (BPD) oil refinery. It is the largest single train oil refinery on planet earth, the largest in Africa, the 7th largest oil refinery in the world. It is capable of meeting the energy demands for both Nigeria and the entire continent of Africa

2. Dangote announced he would want to build a refinery in 2013, at that time, it would cost $9 billion. It was not untill 2016 construction started.

3. The Refinery was originally meant to be built in the oil producing state of Ondo but due to lack of political will from the Ondo State Government, Dangote moved the project to Lagos state.

4. The Refinery along with the Petrochemical plant is expected to generate $20 billion yearly for Nigeria.

5. The Refinery will reposition Nigeria as an energy hub globally.

6. The Refinery has the longest subsea gas pipeline in the world with a length of 1100km.

7. The Refinery will generate electricity of up to 12,000MegaWatts.

8. The Refinery is a $25 billion investment, the largest single investment carried out on the African continent by an individual and the most expensive industrial complex in Africa and perhaps the world.

9. The refinery will produce 50,000,000 litres of Euro-V quality gasoline and 17,000,000 litres of diesel daily, as well as aviation fuel and plastic products.

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10. It will provide 135,000 permanent jobs and overall 300,000 direct and indirect jobs.

Bonus facts: The Dangote Oil Refinery will have a Nelson complexity index of 10.5 which means that it will be more complex than most refineries in the United States (average 9.5) or Europe (average 6.5). (The world’s largest refinery, the Jamnagar Refinery in India, has a complexity of 21.1).

The Refinery has the most piles for its pile foundation on the planet. The refinery is situated on 10 standard football fields. Also, some African Countries have shown interest in buying their refined oil from Dangote Refinery. The GIANT of Africa is indeed making Africa proud.

 

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