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The Dangote Refinery is an oil refinery owned by Dangote Group that was inaugurated on 22 May 2023 [1] in Lekki, Nigeria. When fully operational, it is expected to have the capacity to process about 650,000 barrels of crude oil per day, making it the largest single-train refinery in the world.
The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. [2] It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$ 4.1 billion in 2017.
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
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Owner and operator of the terminal is Nigeria LNG (NLNG), a joint venture between Nigerian National Petroleum Corporation (NNPC), Shell Gas, Total, and Eni. [2]At this moment (2022), the terminal has six operational LNG processing facilities, four 84,200m³ LNG storage tanks, four 65,000m³ cooling tanks, and three 36,000m³ condensate storage tanks.
The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria.Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [1]
The Dangote Refinery, expected to open during the fourth quarter of 2022 [30] will have a daily refining capacity of 650,000 barrels (103,000 m 3), increasing Nigeria's refining capacity to over 1,000,000 barrels (160,000 m 3) per day. [31]
Access Holdings: Finance 833 13 Nigerian Breweries: Agroindustry 890 14 United Bank for Africa: Finance 633 15 Ecobank: Banking 529 16 Dangote Sugar Refinery: Agroindustry 467 17 Union Bank of Nigeria: Banking 431 18 Guinness Nigeria: Consumer goods 375 19 Okomu Oil Palm: Agroindustry 343 20 Presco PLC: Agroindustry 320