Dangote faces Kenya refinery hurdles

Dangote faces Kenya refinery hurdles

It is unclear where the planned refinery in Lamu, which Africa’s richest man aims to complete by 2030, will secure its feedstock from.

Dangote’s $16 Billion Kenya Refinery Faces Crude, Capital and Infrastructure Tests

Africa’s richest person, Aliko Dangote, is pushing a plan to develop another oil refinery – this time, a 700,000-barrel-per-day refinery in Kenya, in East Africa. The move comes less than three years after bringing Africa’s largest oil refinery into operation in Nigeria. The proposed Lamu refinery, expected to cost between $15 billion and $16 billion, […]

Billionaire Aliko Dangote's Lamu refinery lacks crude supply

Aliko Dangote breaks ground at Lamu on Sept. 30 on a 700,000-barrel refinery, in a country with no commercial oil production.

Dangote’s 700,000bpd Kenya refinery faces major setback over funding, crude supply challenges

Dangote’s planned 700,000-barrel-per-day Lamu refinery faces funding, crude supply and infrastructure challenges in Kenya, raising questions over its future.

Dangote’s proposed Lamu oil refinery faces hurdles, not least with crude supply

Less than three years after overcoming surging costs, swampy terrain and inadequate infrastructure to launch Africa’s biggest oil refinery in Nigeria, billionaire Aliko Dangote is set on replicating that project on the continent’s opposite coast. But the construction of his company’s planned ​new 700,000-barrel-per-day Lamu refinery in Kenya promises to bring a whole new set of issues — not least where to secure crude supply in a country that, u…

Dangote's $40bn Expansion Plan Faces Crude Supply, Financing Test

Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over how the group will secure enough crude oil and capital to simultaneously expand its Nigerian refinery and build another giant processing complex in Kenya. The investment programme includes a $14.3 billion expansion of Dangote Petroleum […]