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Dangote oil refinery has begun exporting fuel to Saudi Arabia, and two jet fuels have been sold.
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Dangote Group president Aliko Dangote said the refinery’s production is currently 550,000 barrels per day (BPD).
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The development is seen as a step towards Nigeria’s ambition to become a refining hub.
Dangote oil refinery has begun exporting fuel to Saudi Arabia, and two jet fuels have been sold to Saudi Aramco.
According to Dangote Group president Aliko Dangote, the refinery’s production is currently 550,000 barrels per day (BPD).
“We are achieving the ambitious goals we set for ourselves and I am pleased to announce that we have just sold two jet fuel to Saudi Aramco,” Dangert said.
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Also Read: Court adjourns Dangote Refinery’s N100 billion lawsuit against marketers
He stressed the importance of the private sector in national development, stressing that Nigeria’s challenges could be overcome by providing beneficial employment to its people.
NESG Chairman Niyi Yusuf praised Dangote for establishing the refinery and pointed out that Nigeria needs a lot of investment to meet its $1 trillion economic target.
Dangote lowers gasoline price to N890 per liter
Dangote Petroleum Refinery has announced that it will reduce the former sales price of Premium Motile Spirit (PMS) from N950 to N890 from February 1, 2025.
This development is a direct reaction to the positive outlook of the global energy and gas market, as well as the recent decline in international crude oil prices.
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