You are here: HomeBusiness2024 05 27Article 730353

Business News of Monday, 27 May 2024

Source: www.mynigeria.com

'We are booking for US market' - Dangote Refinery reveals date to export diesel

Aliko Dangote Aliko Dangote

The Dangote Refinery, with a capacity of 650,000 barrels per day, will soon begin exporting diesel that meets European standards by June.

The refinery's vice president for oil and gas, Devakumar Edwin made the initiative known at a Society of Petroleum Engineers event in Lagos.

He said: “We expect before the end of next month we’ll also have gasoline in the market, and we’ll also have Euro V diesel for export, that is below 10 ppm."

Recall that on May 17, Aliko Dangote, the CEO of Dangote Refinery reaffirmed the scheduled June commencement for gasoline, according to a Leadership report.

Dangote started operating its crude distillation unit in January and was given permission in March to begin operating a mild hydrocracker in conjunction with its desulphurisation units.

The refinery has also been given the go-ahead to initiate its residual fluid catalytic cracker.

The refinery already commenced diesel sales Dangote began exporting naphtha in March, low-sulphur straight-run fuel oil (LSSR) in May, and domestic diesel and jet fuel sales in April.

According to an NMDPRA waiver, it is permitted to sell diesel with sulphur levels beyond 600 ppm in the local market.