Nigeria Brings Major Dangote Refinery To Life With Own Oil Supply

Nigeria’s state-owned oil corporation, NNPC Ltd, is set to provide the recently established Dangote oil refinery with as many as six shipments of crude oil, Totaling 650,000 barrels per day, for the purpose of conducting test runs in December. This collaboration between NNPC and the Dangote refinery underlines a pivotal step in the refinery’s progress towards full-scale operation. As the Dangote oil refinery seeks to refine its operational processes and prepare for its official launch, this strategic move facilitates the necessary trial and adjustment period. The Dangote oil refinery, which is financially backed by Aliko Dangote, the wealthiest individual in Africa, Stands poised to instigate a significant transformation in the dynamics of oil trading within the Atlantic Basin. This ambitious project represents a game-changer for the entire region, As it introduces a formidable refining facility that can meet a substantial portion of Africa’s fuel demands domestically. Historically, the Afr