Vice-President of Dangote Industries Limited (DIL), Devakumar Edwin says the company’s $20 billion refinery is on track to complete work on its main petrol unit by mid-August.
Speaking in an interview with Platts a division of S\&P Global Commodity Insights, Edwin confirmed that the plant had temporarily halted petrol deliveries as part of a short-term maintenance exercise.
On August 1, the refinery instructed marketers to suspend all payments for petrol loading at its gantry, a move that signaled the maintenance and upgrade process was underway.
The Dangote Refinery, touted as Africa’s largest, has been gradually ramping up operations since it began production earlier this year, aiming to significantly reduce Nigeria’s reliance on imported refined petroleum products.
Industry analysts say the completion of the main petrol unit could mark a major turning point in stabilising supply and potentially lowering fuel costs in the domestic market.
