Dangote refinery to start selling petrol by 2020

The Dangote refinery plans to start selling petrol, diesel and aviation fuel by early 2020, the group executive director, Edwin Devakumar told Bloomberg. He also disclosed that the company’s fertiliser plant will start producing urea this year.

The $10 billion refinery, set to be one of the world’s largest and which can process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Devakumar said in the interview,

“People still have difficulty believing we can do it on time and within those costs,” Devakumar said Wednesday. “But we believe we can. It’s something of the size that’s rarely been done before. It’s huge.”

Dangote’s facility will probably produce about 50 million liters (13.2 million gallons) a day of gasoline and 15 million liters of diesel, though output can be changed according to the demand for each product, Devakumar said. While Nigeria, a country of almost 200 million people, consumes roughly 35 million liters of gasoline daily, Dangote can export surpluses, Devakumar said.

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