Dangote $9bn refinery to go ahead stream Dec 2017

October 24, 2015 Facebook Twitter LinkedIn Google+ NEWS and Gossip



DANGOTE Oil Refinery Company Limited yesterday said its $9 billion refinery would now go ahead stream by December 2017, one year in front of a prior December 2018 due date. The Dangote refinery, situated in Lekki, Lagos State, targets conveying 600,000 barrels of refined raw petroleum every day (bpd).

The most recent move to quick track the refinery operations’ take-off date was unveiled by the Senior General Manager, Civil and Structural, Mr. Madhav Kelkar, amid an office voyage through the refinery by columnists in Lagos.

Kelkar clarified that the finish of preparatory works at the refinery remained a noteworthy point of reference, which was accomplished in record time, an advancement, he said, was in charge of the movement in take-off date.

The refinery will create gas, diesel, aeronautics fuel/family unit lamp fuel, slurry as crude material for carbon dark, and additionally 750,000 mtpa of polypropylene.

As indicated by him, the refinery is sited on 2,500 hectares of area and is likewise to incorporate a 750,000 metric huge amounts of polypropylene for the petrochemicals plant and another manure plant, which would deliver 2.8 million metric tons for every annum (mtpa) of urea and smelling salts.

He demanded that Dangote oil refinery task is the first of its kind, having the longest single train refinery on the planet.

Kelkar revealed that Dangote in its mission to fabricate an oil refinery, petrochemicals and manure plant of world-class standard collected a group of choice building firms, with the biggest digging organization on the planet, Jan De Nul of Belgium chipping away at the organization’s digging works, while Trevi Foundations and Onshore Constructions are taking a shot at heaping.

Italian monster, Saipem, is taking care of Engineering and Procurement Contract (EPC) and Sarathy Geotech of India completing soil examination.

Review that the United States Trade and Development Agency (USTDA) had in August 2015, consented to an arrangement with Dangote Group for a stipend of $997,443 for the preparation of Dangote Oil Refining Company’s staff, an auxiliary of the gathering. The USTDA stipend will finance a multi-year project to prepare more than 100 Dangote Company staff on refinery basics. Through the preparation, the Dangote staff will have the capacity to work and keep up the Greenfield Refinery in Lekki, Lagos.

President of Dangote Group, Alhaji Aliko Dangote, had said at the marking service that “a little more than a year back, with our choice to put resources into a $9 billion 600,000 bpd refinery venture, we chose to address the Catch 22 of Nigeria being one of the world’s biggest maker and exporter of raw petroleum yet one of the biggest shippers of refined items.”