Almost There - Nigeria's Dangote Refinery Likely Facing A Long, Slow Ramp-up

RBN Energy Blogcast

The new 650-Mb/d Dangote refinery in Nigeria instantly became Africa’s largest and the world’s seventh-largest by capacity when it finally began processing crude into diesel and aviation fuels in January after years of delays and cost overruns. Long touted as Nigeria’s ticket to ending refined fuels imports by supplying its own markets — with plenty to spare for exports — the Dangote facility could substantially impact trade flows and global supply if it lives up to years of homegrown ballyhoo. In today’s RBN blog, we will examine Dangote’s long road to production, and why we see a slow ramp-up to full capacity through 2026.