First Shipment Of Crude Arrives Dangote Refinery with 950,000 barrel
Dangote Refinery Set To Commence Operations As First Crude Shipment Arrives
Written by ‘Sola Babarinsa and Agency Report 2 hours ago Reading Time: 2 mins read
After a series of delays, the Dangote Refinery, a mammoth $19 billion project in Nigeria, is finally poised to commence fuel production as the first crude shipment arrives at the facility, marking a significant milestone for the country’s oil industry.
Quoting industry sources and tanker tracking data, S&P Global, in a report on its website, spglobal.com, said that the OTIS tanker, carrying a 950,000 barrel cargo of Nigeria’s Agbami crude, set sail on December 6 and is currently en route to Lekki, the nearest land port to Dangote’s offshore crude receiving terminal.
The tanker was expected to arrive on December 7 around 8pm, this shipment marks the initiation of crude supplies for the refinery’s operations.
Agbami, operated by Chevron, stands as one of Nigeria’s major deepwater developments, boasting a daily output of approximately 100,000 b/d in the central Niger Delta. Renowned for its light sweet crude qualities with specific gravity measuring 47.9 API and sulphur content of 0.04%, Agbami yields significant proportions of naphtha and kerosene.