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The ‘full ramp up’ of the 650,000 barrels a day (b/d) Dangote refinery in Nigeria is ‘still a long way off’, according to news agency Bloomberg.
In an article published 9 November, Bloomberg said that while the Dangote refinery had just concluded a deal to receive six million barrels of crude from December – but added that ‘the plant is unlikely to reach maximum processing capacity before the end of 2024’.
Bloomberg said that analysts see the plant’s ‘early output including fuel oil’.
Devakumar Edwin, group executive director of Dangote Industries Ltd., said it would be incorrect to assert that a full ramp up will take months, or that that first phase would entail mostly naphtha and fuel oil.
“As the saying goes, the proof of the pudding is in the eating,” he said.
The facility is building up crude stocks in order to carry out test runs, but the start of commercial production remains unclear, according to two officials from NNPC who asked not to be identified.
NNPC is the main supplier of domestic crude to the refinery.