Dangote Petroleum Refinery is set to jumpstart operations following the supply of the first batch of crude oil to the plants by the Nigerian National Petroleum Company (NNPC) Limited.
Last night, the OTIS (crude oil) tanker carried a 950,000-barrel cargo of Nigeria’s Agbami crude, delivered the crude to the nearest land port to Dangote’s offshore crude receiving terminal.
The NNPC owns a 20 percent stake in the refinery as it recently entered into an agreement to supply 6 million barrels of crude oil as feedstock to the Dangote refinery in December, aiming to jumpstart operations.
Agbami, operated by Chevron, stands as one of Nigeria’s major deepwater developments, boasting a daily output of approximately 100,000 b/d in the central Niger Delta.
Renowned for its light sweet crude qualities with specific gravity measuring 47.9 API and sulphur content of 0.04%, Agbami yields significant proportions of naphtha and kerosene.
Further shipments from various Nigerian offshore fields to the refinery have been chartered by NNPC, signifying the beginning of a series of scheduled crude supplies throughout this month.
Designed to process multiple crudes concurrently, the refinery aims to process three Nigerian crude grades — Escravos, Bonny Light, and Forcados.