Nigeria’s Giant Dangote Oil Refinery Is Filling Gasoline Tanks
- Production set to transform road-fuel market once ramped up
- Nigeria is struggling to supply gasoline due to indebtedness
A gasoline storage tank at the Dangote oil refinery near Lagos.
Photographer: Benson Ibeabuchi/BloombergThis article is for subscribers only.
Nigeria’s giant new Dangote oil refinery is filling tanks with gasoline, a milestone for the African nation that’s been more than a decade in the making.
By the weekend, the facility near the country’s commercial hub of Lagos will be distributing gasoline, Devakumar Edwin, Dangote Industries Ltd.’s vice president for oil and gas, said by text message. The plant will be able to process 650,000 barrels a day of oil when at full capacity, and is expected to be able to turn more than half of that into gasoline.