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- The Dangote Refinery reduced its petrol accumulation successful April, starring to a monolithic surge successful imports by marketers
- A study explained that petrol imports to Nigeria and Togo surged from 200,000 bpd to 300,000 bpd successful March and 250,000 bpd successful April
- Also, the mega refinery reportedly unopen down its main petrol processing portion for maintenance, starring to reduced output
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
Reduced petroleum merchandise accumulation from the Dangote Refinery owed to attraction caused a rebound successful imports arsenic the marketers resorted to European facilities to conscionable determination demands.
A study by S&P Global Commodities disclosed that petrol imports to Nigeria and Togo roseate from 200,000 barrels regular successful January to implicit 300,000 barrels per time successful March, and 250,000 barrels successful April, astir the nationalist regular depletion needs.
Source: Getty Images
Dangote Refinery to restart afloat petrol production
Legit.ng earlier reported that the elephantine refinery had denied shutting down its petrol-process portion for maintenance.
According to the S&P study connected Wednesday, May 14, 2025, the Lekki-based refinery is resuming its main petrol unit, and the residue fluid catalytic cracker (RFCC) and is considering a 2nd turnaround.
The study quoted a Dangote authoritative saying that the steadfast is astir to instrumentality from a four-week turnaround to code the challenges.
It besides revealed that the works is expanding its RFCC, Alkylation, and polypropylene units, but has yet to find whether a 2nd attraction would beryllium indispensable aboriginal successful the year.
The institution disclosed that it is acceptable to summation its polypropylene accumulation successful section and planetary markets.
Dangote Refinery to deed afloat accumulation capacity
The study besides disclosed that accumulation from the Dangote Refinery became the measuring instrumentality for planetary petrol cracks since it started accumulation successful September past year, and unscheduled attraction resulted successful a terms rebound, arsenic astir 100,000 barrels regular of proviso was dropped.
An enforcement of the refinery reportedly said the plant’s crude distillation portion past ran astatine 550,000 barrels per day, astir 85% of its capacity.
The RFCC deed 70% of its capableness aft starting accumulation past twelvemonth earlier the outage.
Per the report, the refinery present plans to summation the portion to its afloat capacity, allowing the tract to summation crude throughput astatine the installation to its 650,000 bpd capacity.
Since the RFCC went offline, the mega installation was reportedly forced to trust connected its 120,000 barrels per time reformer to service section petrol request successful April.
The refinery besides allegedly denied entree to petrol cargoes and LPG during the outage, but since May 12, 2025, much supplies had been provided, the study revealed.
Other units continued to run during the works, and the refinery has maintained accordant gasoil exports, aviation fuel, and residual substance that would beryllium processed astatine the RFCC.
Outgates plague the petrol processing unit
S&P disclosed that earlier the portion was unopen down, Dangote executives were preparing for a month-long turnaround successful June.
However, the refinery bushed hopes by restarting the RFCC and bringing its archetypal petrol to marketplace successful September past year
Source: Getty Images
However, the portion has suffered outages successful 2025, delaying plans for its operations to stabilise.
A June RFCC turnaround astatine the refinery would enactment planetary petrol cracks by $3 per barrel.
Dangote Refinery crashes petrol prices again
Legit.ng earlier reported that Dangote Refinery has crashed the petrol gantry price to N825 per litre from N835 amid the ongoing terms warfare successful the sector.
The determination has intensified contention with backstage depot owners, who accused the refinery of plotting to monopolise the downstream assemblage successful Nigeria.
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) earlier raised an alarm implicit what it described arsenic an emerging marketplace power successful the downstream petroleum industry.
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Source: Legit.ng
