Report reveals how Dangote Refinery imported 5 million barrels of crude oil in May 2025

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  • Dangote Refinery has continued to beryllium connected imported crude lipid to conscionable its refining needs arsenic it prepares to scope afloat accumulation capacity
  • Recent information shows that the refinery received astir 5 cardinal barrels of crude lipid successful May 2025 from the planetary market
  • Experts person said the installation is readying to rise its accumulation levels and whitethorn merchandise different substance terms chopped arsenic crude lipid prices proceed to fall

Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.

The Dangote Refinery accrued its crude imports successful May 2025, receiving astir 672,324 metric tonnes of crude from 5 antithetic lipid tankers.

The cargoes were delivered betwixt April 23 and May 21, 2025, and were astir 4.93 cardinal barrels, according to industry conversion rates.

Dangoe refinery receives much  crude cargoesAliko Dangote leads the world's largest single-train refinery. Credit: Bloomberg/Contributor
Source: Getty Images

Dangote Refinery receives 5 cardinal barrels

The volumes amusement the refinery’s continued dependence connected imports to conscionable processing needs amid challenges successful getting section crude nether the Nigeria Domestic Crude Supply Obligation (DCSO).

According to reports, tanker tracking information from respective ports betwixt May 2 and May 22 shows that immoderate lipid shipments were delivered to the Dangote Refinery successful Lekki.

Vessels similar HERCULES 1 reportedly completed discharge wrong the period, and others, specified arsenic SONANGOL KALANDULA and SIENNA, person yet to get oregon are inactive discharging cargoes.

According to reports, the refinery received astir 672,324 metric tonnes of crude lipid successful May 2025.

In enactment with an industry-average conversion complaint of 1 MT equals 7.33 barrels. 

This means that the 673,324 MT and the 7.33 equals astir 5 cardinal barrels.

Domestic proviso shortfalls unit imports

The Dangote Refinery has continued to beryllium connected imported crude specified arsenic US WTI and West African airy saccharine crudes.

Sources accidental that the delays successful enforcing the DCSO by planetary lipid firms (IOCs) and accumulation shortfalls from section producers person forced the mega refinery to crook to the planetary lipid market.

Reports uncover that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has promised to enforce compliance with the DCSO. However, existent feedstock remains debased and inconsistent.

Experts explicate that arsenic the installation prepares to ramp up production, its request for a accordant and prime crude proviso volition rise.

More terms cuts up arsenic Dangote increases production

The plant’s dependence connected imports whitethorn proceed unless home producers summation accumulation oregon the authorities lipid company, the Nigerian National Petroleum Company Limited (NNPC), improves allocation efficiency.

The import of 5 cardinal barrels of crude lipid puts Dangote arsenic a cardinal subordinate successful planetary spot markets, and Nigeria’s self-sufficiency successful refined products.

The Dangote Refinery has been instrumental successful reducing substance imports successful Nigeria and has been touted arsenic a large disruptor successful the European substance proviso chains to West Africa.

Dangote Refinery prepares for afloat  accumulation   capacityAliko Dangote explains plans to summation accumulation shipments. Credit: Bloomberg/Contributor
Source: UGC

In 2025, the mega refinery has cut substance prices six times, with experts predicting further reductions arsenic planetary crude lipid prices fall.

The dense imports of crude lipid by the refinery mean that it is preparing to deed afloat accumulation capacity. 

Dangote Refinery explains program to proviso Nigeria's substance demands

Legit.ng earlier reported that Dangote Group has announced that its refinery is present producing 57 cardinal litres of Premium Motor Spirit (PMS), commonly known arsenic petrol, daily.

This was disclosed during a caller circuit of the refinery analyzable by a delegation from Zambia, led by the country’s Minister of Energy, Makozo Chikote, and besides Aliko Dangote, President of Dangote Industries Limited (DIL), to research a partnership.

After the tour, Dangote stated that the Dangote Petroleum Refinery has enough petrol successful retention to conscionable Nigeria's home demand.

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Source: Legit.ng

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