Accueil NEWS Nigeria: Dangote oil refinery to help solve fuel shortage

Nigeria: Dangote oil refinery to help solve fuel shortage

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An oil refinery set up by Nigerian billionaire Aliko Dangote could be the perfect rescue for Africa's largest oil producer, which is struggling to supply products ready for motorists.

Despite Africa's largest oil reserves, Nigeria's inability to refine products locally has seen the country's motorists queue for hours at gas stations jostling for scarce resources.

Maintenant, la raffinerie de pétrole de Dangote, mise en place au coût de 19 milliards de dollars et qui devrait être achevée plus tard cette année, pourrait résoudre en partie le problème en raffinant le pétrole localement. L’usine devait initialement coûter 9 milliards de dollars lorsque sa construction a commencé en 2015. 

Located in the Lekki Free Trade Zone near Lagos, Nigeria's commercial nerve center, the refinery is expected to be the largest oil plant in Africa and the largest single-train facility in the world when completed. 

Officials say they had to hire an additional 17,000 workers to speed completion this year, bringing the workforce to 57,000 workers. 

Its prospectus indicates that the oil refinery complex will have a capacity of 650,000 barrels and will process a variety of light and medium crudes, as well as clean Euro-V grade fuels, including gasoline and diesel, jet fuel and polypropylene. 

Il est prévu de produire 50 millions de litres d’essence par jour ; et une production annuelle de 10,4 millions de tonnes d’essence, 4,6 millions de tonnes de diesel et 4 millions de tonnes de carburéacteur par an. 

It will also produce 0.69 million tons of polypropylene, 0.24 million tons of propane, 32,000 tons of sulfur and 0.5 million tons of carbon black feed. 

"It pains me to see a country as big and resourceful as Nigeria with a large population importing all of its petroleum products, so we decided it was time to take up this challenge," Dangote, chairman of the Dangote Group, said at the Nigerian Oil and Gas Summit 2022 in Lagos.

« Ce n’est pas la seule responsabilité du gouvernement de relever le défi de l’importation des produits pétroliers au Nigeria. Non, nous devons collaborer avec le gouvernement pour résoudre le problème de l’importation de pétrole.

"As a country, we should not be comfortable generating revenue solely from the export of crude oil, because tomorrow people may not need crude oil. 

« Si nous ne passons pas du pétrole brut à autre chose, nous aurons des problèmes en tant que pays. C’est l’une des choses que j’ai pris sur moi pour aider à résoudre », a-t-il déclaré. 

Depuis avril de cette année, le Nigéria fait face à une grave pénurie de carburant raffiné. Et les automobilistes qui fréquentent les marchands noirs paient au moins 150 % de plus que le prix à la pompe de 165 nairas (0,35 centime d’euro) le litre, mais ne sont pas sûrs de la qualité du carburant.

Some motorists reported that their vehicles developed defects after using adulterated gasoline purchased from black market operators. 

The scarcity of products continued even after the new National Nigeria Petroleum Corporation (NNPC) insisted on the availability of fuel. 

Although retailers have adjusted their pump prices from 165 naira ($0.35) per liter to 175 naira ($0.39) per liter, the product remains elusive despite claims of massive importation from Nigeria. 

Nigeria, which began exploring for and producing crude oil in 1956, remains a major importer of petroleum products even though it exports an average of two million barrels of crude oil per day. 

Its four oil refineries in Warri, Port Harcourt and Kaduna have been moribund for decades, making Africa's most populous country dependent on imports that consume most of the foreign exchange earnings from crude exports. 

Mr. Devakumar Edwin, group executive director of Dangote Industries, confirmed the $19 billion cost of the venture when completed and that the petrochemical project houses the world's largest ammonia plant, which had begun producing fertilizer. 

He said the state-owned Nigeria National Petroleum Company (NNPC), a facilitator of oil and gas exploration and development, has acquired a 20% stake in the $2.7 billion refinery. 

NNPC CEO Mele Kyari confirmed in July 2022 that the company had paid an initial $1 billion for the common shares it had acquired in the refinery 

Kyari said the investment in the refinery will ensure Nigeria's energy security. 

With the Dangote refinery in place, coupled with the planned completion of the rehabilitation of the Port Harcourt, Warri and Kaduna refineries by the end of 2023, Nigeria could become a hub for petroleum products in Africa.

Il a expliqué que la réhabilitation des trois raffineries appartenant à l’État était en cours, déclarant : « Nous avons essayé de réparer nos raffineries. Nous avons attribué les contrats. 

"We, as the national oil company, have a responsibility to ensure the energy security of this country and that means you have to secure the sources of supply," Kyari said.  

"This means that with NNPC's refineries in place and Dangote's refineries operating with other initiatives we are pursuing, we will have a huge oil production hub in West Africa. 

"This will change the flow of product supply around the world and scarcity will be history in Nigeria."

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