Key facts about Dangote Refinery

The Dangote Oil Refinery is expected to produce 650,000 barrels per day (BPD) integrated refinery project, reputed as Africa’s biggest oil refinery and the world’s biggest single-train facility.

A single-train refinery uses an integrated distillation unit or one crude distillation unit to refine crude oil into various petroleum products, as against the use of multiple distillation units by most big refineries.

The refinery covers a land area of approximately 2,635 hectares, which is about six times the size of Victoria Island in Lagos.

The pipeline infrastructure at the Dangote Petroleum Refinery is the largest anywhere in the world, with 1,100 kilometers to handle 3 billion Standard Cubic Foot of gas per day.

The refinery alone has a 435MW power plant that is able to meet the total power requirement of Ibadan DisCo, covering five states, including Oyo, Ogun, Osun, Kwara and Ekiti.

The refinery will meet 100 per cent of the Nigerian requirement of all refined products and also have a surplus of each of these products for export. It is designed to process Nigerian crude with the ability to also process other crudes.

Diesel and gasoline products from the refinery will conform to Euro V specifications

The refinery design complies with World Bank, US EPA, European emission norms and the Department of Petroleum Resources (DPR) emission/effluent norms.

At full production, the complex will have an annual refining capacity of 10.4 million tonnes of gasoline, in addition to 4.6MT of diesel and 4MT of jet fuel.

It will also produce 0.69Mt of polypropylene, 0.24MT of propane, 32,000T of sulphur and 0.5MT of carbon black feed.

The refinery also includes a 440-million-litre water treatment tank farm and a housing estate built for 50,000 staff and their families on site.

The refinery would create a market for $1 billion per annum of Nigerian crude and foreign exchange savings/earnings of $9.9bn.

The complex also includes a fertiliser plant, which uses by-products from the refinery as raw materials.

The project is expected to generate 4,000 direct and 145,000 indirect jobs.

The Dangote Oil Refinery is being funded with $3bn equity and $6bn loan capital. A consortium of local and international banks led by the Standard Chartered Bank provided a $3.3bn loan facility.

The African Finance Corporation (AFC), the African Development Bank, (AfDB), the African ExportImport Bank (Afreximbank), among others, also provided financial support.

The United States Trade and Development Agency offered a N251.3bn ($0.997m) training grant to develop human resources for operating the refinery.

It trained 900 young engineers in refinery operations outside the country, six mechanical engineers at GE University in Italy. Fifty process engineers were also trained by Honeywell/UOP for six months, as well as 50 management trainees for succession.

The cost of completion is pegged at $19bn.