It is located on the outskirts of Lagos, Nigeria’s economic hub, where it operates alongside a fertilizer plant. The plant is expected to meet 100% of Nigeria’s needs for gasoline, diesel, kerosene, and aviation jet fuel at full production capacity, Dangote said last year when the facility was opened.
Where is Africa’s biggest oil refinery?
Africa’s biggest oil refinery has begun production in Nigeria after a yearslong wait. The $19 billion Dangote Petroleum Refinery facility has a capacity to produce 650,000 barrels a day and has started to produce diesel and aviation fuel, the company reported Saturday.
What type of oil does Nigeria produce?
Nigeria’s petroleum is classified mostly as "light" and "sweet", as the oil is largely free of sulfur. Nigeria is the largest producer of sweet oil in OPEC. This sweet oil is similar in composition to the petroleum extracted from the North Sea. This crude oil is known as "Bonny light".
How many oil fields does Nigeria have?
Nigeria has a total of 159 oil fields and 1481 wells in operation according to the Department of Petroleum Resources. The most productive region of the nation is the coastal Niger Delta Basin in the Niger Delta or "South-south" region, which encompasses 78 of the 159 oil fields.