Dangote Refinery Denies Shutdown Claims

The Dangote Petroleum Refinery has firmly dismissed reports that its petrol unit could be shut for two to three months. Group spokesman Anthony Chiejina described the Reuters-backed story as “fake news,” questioning the use of speculative language in the report.

The 650,000 bpd refinery, which began processing crude in January 2024, remains a transformative force in Nigeria’s oil market. It has reduced EU and UK gasoline exports to Nigeria by 40% and recently shipped compliant cargoes to the US East Coast. Crude inflows reached a record 570,000 bpd in July, with 60% sourced from the US and 40% from Nigeria.

Dangote plans to ramp capacity to 700,000 bpd by December 2025. Its flexible crude sourcing—ranging from Ghana’s Sankofa to US WTI—signals resilience against domestic supply challenges. With current operations at 445,000 bpd (68% capacity), the refinery is set to remain central to Nigeria’s fuel security, regional supply balance, and global energy trade realignments.

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