Dangote Begins Installation Of Oil Refinery Equipments

The Dangote Group has begun installing equipment in the Dangote Oil Refining Company, (DORC) being built in the Lekki area of Lagos.

Mr Rama Putta, the Head of Quality Assurance/Quality Compliance and Construction, DORC, who confirmed the incident said the refinery will resume operations by September 2019.

“We will start putting up the refinery equipment in a week or 10 days’ time, and it will take about 15 to 20 months.”

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He also said: “Out of that, more than 200 have already come in. They come in semi-finished shape and we will finish them off.

The remaining are being manufactured in various countries, including China, India, America, South Korea, Singapore and Malaysia.

“The challenge is bringing heavy equipment, There are 300 very heavy equipment and we have given contracts to the biggest shippers in the world to bring them from different countries.”

“This refinery is going to operate at 110 per cent of its capacity at the minimum. If you don’t make 110 per cent, your profit is only 15 per cent.”

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Putta also noted the company will begin the trading of petroleum products next year ahead of its completion in 2019.

The Dangote refinery is the largest in Nigeria, which is meant to refine 650,000 barrels of oil per day.

The $17bn refinery project which is expected to create 3,000 jobs by all projections, will be the largest in the world.

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