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Massive Nigerian Refinery Due Online by the end of 2022

4/4/2022

The privately owned Dangote refinery currently under construction in Nigeria is expected online by the end of the year, according to recent comments from Dangote Group Executive Devakumar Edwin. This complex will have a total capacity for 650,000 barrels per day upon completion.

This $19 billion USD refinery has been delayed several times over the years, with costs increases accompanying these delays to its current iteration. Mr. Edwin was quoted in saying that the project has reached "75% hydraulic testing ... as well as 70% of electrical cable fitting have been completed preparatory to the completion of the refinery in the fourth quarter of this year." Full capacity is anticipated to be reached in early 2023.