December 08, (THEWILL) – The Dangote refinery has received its first shipment of crude oil, heralding the commencement of operations for the eagerly anticipated $20 billion plant.
The OTIS tanker, carrying a cargo of over 950,000 barrels of Nigeria’s Agbami crude, set sail on December 6, and was estimated to arrive at Lekki, the closest land port to Dangote’s offshore crude receiving terminal, on Thursday, December 7, at 8 pm
Chartered by the Nigerian National Petroleum Company (NNPC), the shipment marked the beginning of a new era for the Dangote refinery, which former President Muhammadu Buhari officially commissioned in May 2023.
The NNPC, holding a 20% stake in the refinery, had agreed to supply 6 million barrels of crude oil as feedstock to jumpstart Dangote’s operations. The first shipment is a symbol of this initial supply.
As the ship approached the Lekki Anchorage area in Lagos, an insider from Dangote said preparations were in place to receive the shipment.
Following regulatory clearances, the refinery’s management is set to commence the process of barging the crude, with ceremonies planned to commemorate the historic event.
