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Nigeria: Otedola Projects Stronger Naira As Dangote Refinery Hits Full Capacity
The refinery completed intensive 72-hour test runs and supplied up to 75 million litres of petrol daily during the festive period, supporting Nigeria's energy security.
- Dangote Petroleum Refinery has fully restored and optimised its Crude Distillation Unit and Motor Spirit production block, now operating steadily at 650,000 barrels per day capacity.
- After a scheduled maintenance exercise, the refinery began intensive 72-hour performance test runs with licensor UOP, and all remaining units will start Phase 2 performance test runs next week.
- Supply context: during the recent festive period the refinery supplied 45–50 million litres of Premium Motor Spirit daily and is positioned to deliver up to 75 million litres as required, with units now operating steadily at full capacity,
- Management says the milestone will reduce import dependence and could strengthen the naira, contributing to energy security, industrial growth, and job creation.
- Looking ahead, the Dangote Group has launched a $12 billion expansion to reach 1.4 million bpd, with testing to confirm global standards and that it remains on track to deliver consistent, world‑class output.
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Otedola projects stronger naira as Dangote refinery hits full capacity
Mr Otedola also discloses that the Dangote Group has embarked on an additional $12 billion expansion project. The post Otedola projects stronger naira as Dangote refinery hits full capacity appeared first on Premium Times Nigeria.
Otedola: Dangote Refinery Production Expansion Will Push Naira Below N1,000/$ Before Year-end - Thepodiummedia
Femi Otedola, the chairman of First HoldCo, says he is optimistic that the naira will strengthen meaningfully and will trade below N1,000/$1 before year-end as domestic refining is fully underway. On Wednesday, Dangote refinery said the plant is now working at full capacity of 650,000 barrels per day (bpd). The refinery said operation reached full capacity after the company fully restored and optimised its crude distillation unit (CDU) and motor…
Dangote Refinery’s crude distillation unit, motor spirit block hit 650,000 bpd capacity - EnviroNews - latest environment news, climate change, renewable energy
The Dangote Petroleum Refinery says it has achieved a major operational milestone with the full restoration and optimisation of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block. Both units are now running at optimal performance, further strengthening the steady state operations of Africa’s largest oil refining facility. Following a scheduled maintenance exercise on the CDU and MS Block, the refinery has commenced an inten…
Dangote Sets World Record, Becomes First Refinery To Hit 650,000bpd Capacity
The Dangote Petroleum Refinery has set a new record by becoming the first refinery to reach the full production capacity of 650,000 barrels of crude oil per day (bpd). The company described the development as a historic milestone and making it the first refinery globally to achieve full nameplate capacity in a single train of that scale. In a statement issued on Wednesday, February 11, 2026, the refinery said the milestone followed the optimisat…
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