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Nigeria Refinery Aims to Be World's Biggest with Expansion
Expansion aims to surpass current largest refinery with 1.4 million barrels daily, creating 65,000 jobs and upgrading fuels to Euro 6 standards, Dangote said.
- The Dangote Refinery in Nigeria aims to expand its capacity to 1.4 million barrels per day from 650,000 barrels, aspiring to be the world's largest refinery.
- This expansion is intended to surpass India's Jamnagar Refinery, reflecting confidence in Nigeria's future and Africa's potential.
- The Dangote Refinery has raised concerns about monopoly as it grows and plans to list on the Nigerian Stock Exchange next year.
- Nigeria currently produces an average of 1.5 million barrels of oil per day, according to OPEC, but it is still below its two million barrels per day target.
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After facing a strike by tanker drivers that ended in early October, the Aliko Dangote refinery wants to produce twice as many barrels of oil a day. With the goal of becoming the world's largest refinery.
The richest man on the African continent, Aliko Dangote, announced that the refinery he holds in Nigeria, which is the largest in Africa, will double in the next three years...
·Romania
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A measure will make the giant petrochemical complex in Nigeria become the world's largest refinery, crossing Jamnagar in India.
·Portugal
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Total News Sources88
Leaning Left11Leaning Right11Center14Last UpdatedBias Distribution39% Center
Bias Distribution
- 39% of the sources are Center
39% Center
L 31%
C 39%
R 30%
Factuality
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