Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa.
The company stated this on Sunday during a visit by a delegation led by the Minister of State for Petroleum Resources, Chief Timipre Sylva, to the refinery site in Lagos.
The Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Group, Devakumar Edwin, said products from the refinery, with a capacity to process 650,000 barrels per day, could be marketed anywhere in the world.
He said, “It is one of our targets to take diesel to Europe. Our equipment is already being designed to do this. We can take surplus petrol to South America, apart from West African countries and Central African countries. That is why decided to go for Euro V.
“The refinery can handle all the Nigerian crude grades and all the African crude grades, as well as some of the Middle East grades and the US light oil.”
According to him, the refinery can meet 100 per cent of the Nigerian requirements of all the liquid products and will have surplus to export.
Source: Punch Newspaper
