Business
Dangote Refinery Begins Operations, 2017
The management of Dangote Petrochemicals Limited, a subsidiary of Dangote Group, has assured that its refinery side at Lekki Free Trade zone in Lagos will meet its 2017 deadline.
The Senior General Manager, Civil and Structural, Dangote Petrochemical Limited, Mr Madhar Kelkar, disclosed this to newsmen Thursday.
“I think we are making progress and I’m happy with what we have done so far,” he said and gave assurance that the 650,000 barrels per day capacity refineries will meet the 2017 deadline.
Remarking that the level of construction is high-tech and of such high standard never done in this part of the world, the manager said, “that is the kind of invention Dangote is doing in this country.
“Building state-of-the-art equipment and technology and top notch expertise to be on this project. At the end of the day, every Nigerian will be very proud that we have the longest single train refinery in the world. That’s the vision of Dangote.
“This is going to be built on this site. Most people build refineries in batches and in phases on different locations in the world. No refinery of this size and the state-of-the0-art technology because most of the refineries you see are 20-30 years old without state of the art technology,” he said.
Kelkar explained further that considering the value chain from crude to the end product will make Nigeria self sufficient in crude refining as well as guarantee huge export.
He noted that there is demand gap in Africa and that the President of Dangote Group, Alhaji Aliko Dangote is set to fill the gap by exporting to neighbouring countries as to be able to generate foreign exchange for the country.
It would be noted that Dangote Group is currently building the largest refinery, Petrochemical and fertilizer complex in Africa and it is sited in Lekki Free Trade Zone, Lagos State.