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First with the News

Dangote Refinery Completes Installation Of 18 Transformers

March 12, 2021
in Economy, Top Stories
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Dangote Oil Refinery has completed the installation of all 18 transformers as it looks to begin production.

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The refinery which will be selling petrol to Nigerians in Naira as shipping costs of fuel from Europe would be cut, is a 650,000 barrels per day (bpd) integrated refinery and petrochemical project in the final phase of construction in the Lekki Free Zone in Lagos, Nigeria.

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It is expected to be the Africa’s biggest oil refinery and the world’s biggest single-train facility which will process a variety of light and medium grades of crude to produce Euro-V quality clean fuels including gasoline and diesel as well as jet fuel and polypropylene.

Owned by the Dangote Group, the refinery is a project of an estimated investment of $12bn, and is expected to generate 9,500 direct and 25,000 indirect jobs.

 

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