Africa’s biggest oil refinery begins production in Nigeria with the aim of reducing need for imports
11 months, 1 week ago

Africa’s biggest oil refinery begins production in Nigeria with the aim of reducing need for imports

Associated Press  

ABUJA, Nigeria — Africa’s biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products. The Dangote refinery is “not a silver bullet” for Nigeria’s energy crisis, according to Olufola Wusu, an oil and gas expert who was part of a team that helped review Nigeria’s national gas policy. “But it is a great way to revive the sector … and will help move Nigeria from being a major importer of refined petroleum products to being self-reliant in domestic refining capacity.” Described by the company as the world’s largest single-train refinery, the private refinery is owned by Africa’s richest man, Nigerian industrialist Aliko Dangote. The plant is expected to meet 100% of Nigeria’s needs for gasoline, diesel, kerosene, and aviation jet fuel at full production capacity, Dangote said last year when the facility was opened.

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History of this topic

Lawmakers in Nigeria try to resolve rift between authorities and Africa’s richest man
5 months ago

Lawmakers in Nigeria try to resolve rift between authorities and Africa’s richest man

Associated Press  

ABUJA, Nigeria — Nigerian legislators on Monday began an investigation into the alleged importation of contaminated fuel into the country, part of efforts to resolve issues causing a rift between an oil refinery owned by Africa’s richest man Aliko Dangote and the industry regulator. The committee called on parties in Nigeria’s petroleum sector to “deescalate tensions” that have been deepened …

Africa’s biggest oil and gas finds are doing little for economies at home
10 months, 1 week ago

Africa’s biggest oil and gas finds are doing little for economies at home

The Hindu  

Published : Feb 13, 2024 12:20 IST - 7 MINS READ Africa’s newest natural gas superstar had bubbled with optimism when BP Plc, Woodside Energy Group Ltd., and Kosmos Energy Ltd. agreed to develop the fields off the shores of the West African country a few years ago. “The revenue could also be used to improve the living conditions of …

Nigeria opens Africa’s biggest oil refinery as it tries to boost struggling sector
1 year, 7 months ago

Nigeria opens Africa’s biggest oil refinery as it tries to boost struggling sector

Associated Press  

ABUJA, Nigeria — Nigerian President Muhammadu Buhari on Monday opened Africa’s biggest oil refinery, with hopes it would help the energy-rich country achieve self-sufficiency and become a net exporter of refined petroleum products. The $19 billion facility built by Aliko Dangote, Africa’s wealthiest man, in Nigeria’s economic hub of Lagos is one of the world’s biggest oil refineries and has …

Nigeria commissions Dangote Refinery in bid to end fuel imports
1 year, 7 months ago

Nigeria commissions Dangote Refinery in bid to end fuel imports

Al Jazeera  

Owned by Africa’s richest man, the new refinery is seen as the answer to persistent fuel shortages in Africa’s biggest oil producer. Nigeria commissioned the Dangote Refinery on Monday amid hopes of transforming the country into a net exporter of petroleum products, but analysts said securing crude supplies could delay achieving full production this year. The administration of outgoing President …

Police: Illegal refinery blast in Nigeria kills at least 12
1 year, 9 months ago

Police: Illegal refinery blast in Nigeria kills at least 12

The Hindu  

An explosion and fire near an illegal oil refinery site in Nigeria’s Niger Delta region killed at least 12 people Friday, police said, although local residents reported a much higher death toll as the fire raged on for hours. The explosion in Emuoha council area of the southern Rivers state occurred along a pipeline targeted by illegal refinery operators who …

Nigeria drills for oil in new field as theft erodes earnings
2 years, 1 month ago

Nigeria drills for oil in new field as theft erodes earnings

Associated Press  

ABUJA, Nigeria — Nigeria on Tuesday began drilling oil and natural gas in the country’s northern region, anticipating a boost to the nation’s finances even as the new energy supplies face the threat from theft and extremist activity. Officials project billions of dollars in earnings from the new oil project, which is being developed by the state-run Nigerian National Petroleum …

Europe turns to Africa in bid to replace Russian natural gas
2 years, 2 months ago

Europe turns to Africa in bid to replace Russian natural gas

Associated Press  

DAKAR, Senegal — A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new energy supplier has drawn visits from the leaders of Poland and Germany. While Africa’s natural gas reserves are vast and North African countries like Algeria have pipelines already linked to Europe, a lack of infrastructure …

Explosion at illegal oil refinery in Nigeria kills more than 50
2 years, 8 months ago

Explosion at illegal oil refinery in Nigeria kills more than 50

LA Times  

More than 50 people were killed and many injured when an explosion rocked an illegal oil refinery in southeastern Nigeria, state officials and police said Saturday. The blaze broke out Friday night and quickly spread to two fuel storage areas at the illegal crude oil refinery, causing the complex to be “engulfed by fire which spread rapidly” within the area, …

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