Dangote Refinery Runs Flat Out as Diesel Demand Surges
Nigeria's Dangote Petroleum Refinery and Petrochemicals FZE is running at full capacity, producing 700,000 barrels of fuel per day. The refinery has taken advantage of surging demand for diesel, which has driven prices to record levels.
The company's chief executive officer, David Bird, said that the refinery can quickly fine-tune its production to prioritize the most valuable fuels. Dangote is maximizing production of diesel and jet fuel to fill a gap left by disrupted Middle East oil-product supplies since the start of the war.
The growth strategy outlined by Dangote includes doubling refining capacity to 1.4 million barrels per day by building a second crude processing unit at the site by 2029. The refinery has already processed Cawthorne, a new domestic grade of oil, and recently used supply from the United Arab Emirates.