Dangote Oil Refining Company Limited has said the installation of equipment for the crude oil refinery being built in Lagos will begin this month .

The Head , Quality Assurance/ Quality Compliance and Construction, DORC , Mr . Rama Putta , told our correspondent , who visited the site of the plant , that the 650, 000-barrels - per -day refinery would come on stream by September 2019.

According to him , the basic engineering work has reached 98 per cent completion; the detailed engineering , 90 per cent; 3 D modelling, 80 per cent; long lead items ordering , 100 per cent ; bulk plates ordering , 90 per cent ; equipment and bulk items, 50 per cent ; and construction activities , 25 per cent.
He said the sand filling of the site was completed six months ago, adding that 60 per cent of the land was swampy .

Putta said bringing the land to three metres above the mean sea level was the biggest challenge , adding , “ The sand is tightly compacted and ready for the erection of the equipment . No flood can affect our area . The surrounding area is only one metre above the mean sea level . The entire Lagos is only 1.5 metres above the main sea level .

“ We dredged sand from the Atlantic Ocean , about 60 million cubic metres . The world ’s biggest dredgers dredged the sand for about 18 months. It ’ s a big job and is completed successfully. Now , what is left is to erect the equipment. ”

Our correspondent was taken round the site to see some of the materials, including steel , plates and cranes , which were brought in for the construction of the refinery.

Putta stated , “ We need a lot of big cranes . All the equipment are going to come horizontally ; they are to be put vertically . That is why to lift them , we need cranes . We need 300 cranes ; 250 cranes are already here . The remaining cranes are coming from China.
“ We will start erecting the refinery equipment in a week or 10 days ’ time, and it will take about 15 to 20 months.”
According to him , about 3 , 000 pieces of equipment are required for the refinery.

He noted , “ 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 .”

Putta added , “We have a jetty. All the materials coming from various countries come by ship and they get unloaded at the Apapa ports . From the Apapa port , they come here by road . Some of the equipment are very big , more than 2 , 000 metric tonnes , and they cannot come by road . We bring them from Apapa to our jetty by ship and we unload them .

“ 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 . Majority of the refineries in the world like American refineries, Korean refineries and some Indian refineries operate at more than 105 per cent .”

According to him , the company will begin the trading of petroleum products next year ahead of the completion of the refinery.

He said the company would complete the construction of the refinery’s trading facilities in 2018 and test them by selling imported petroleum products for one year.
The facilities include storage tanks , loading gantries and single point moorings as well as pipelines .

Putta said , “ In September 2018 , we are going to inaugurate our trading facilities , which consist gantries for filling the trucks , and 35 tanks for storing the fluids will be ready. Every day, 2, 600 trucks are going to be filled with petrol , diesel , kerosene and jet fuel.

“ We will buy the products from other countries, because by that time our products will not be ready, and trade them for one year. This is to test our trading facilities . By September 2019, we will sell our own products .”

http://punchng.com/dangote-begins-installation-of-oil-refinery-equipment/

Nice one. Dangote is moving on

No time. Dangote ride on. To those hoarding dollars make una no worry 2018 is around the corner.

Genius J

May the good lord grant him strength ,we can't wait to see the project getting completed. Meanwhile let me start thinking.

Good one. Always remember you will account for all your money in the hereafter

Nice upper cut for wailers

This man means business. Make e kukuma run for presidency na. If he can run Nigeria like his business, then..........

Bad news to the subsidy Oil Marketers

Truly, nothing last forever


Adenuga needs to emulate Dangoke too by floating his own Refinery for ConOil and spoil show the way he did to MTN before the SIM Cards prices crashed.

And let the Tinubu of Oando follow suit too, more jobs will be created for Nigerians and we shall ultimately export refined products to the neighboring Countries.

Can't wait seeing the Nigeria of my dream.

I hope oil importers won't burn this factory before it started
He is on course to create most deadliest group of enemies

He has Nigerians at heart.

Keenly following this development,

OK

supereagle:
He has Nigerians at heart.

Lol you are funny! He is a business man he only thinks about making money

Finish it n disgrace nigeria sir, wat a giant of Africa could not build a single man is building it...........

Issokay, meanwhile lalastica dey work for my site too

dangote is building lagos to become an independent country. Mord power to ya elbow oga

bettercreature:
I hope oil importers won't burn this factory before it started
He is on course to create most deadliest group of enemies

I think Dangote is deadlier than them in this regard.

Positioning to be a contractor to the refinery.

Please, ensure any ant called militant are sent 6 feet beyond, this is Lagos, not business as usual.

This man is all action...Less talk...

nice one


if only Udom was smart and built on the akpabio momentum




Lagos is moving well

They block the epe road anytime they are bringing their equip

Some of the equipmnt he claimed were offloaded at Berger yard aftee bridge at Epe. Anytime they are transporring those items the roads are completely blocked.

Dnt pray to be moving on that road anytime they are moving those equip. At the snail pace they move, add 3-4hrs to your journey time

The dualization and expansion of the Epe inner and express roads are all part of the plan.

By the rime 2,600 trucks will start loading, the roads will hav been comppeted upto the Ijebu ode - benin expressway and trucks can evacuate product to all part of the country

Good development

nice ine

Another massive benefit of this would be to stop the massive drain on our Forex from oil importation.

Expecting dollar exchange rate to drop significantly when this comes on stream in 2019.

Surely LG will have to finish the dualisation of the lekki Epe road by then. Otherwise na hell o,

He said the company would complete the construction of the refinery’s trading facilities in 2018 and test them by selling imported petroleum products for one year.
The facilities include storage tanks , loading gantries and single point moorings as well as pipelines .



please,when u want to start selling,don't distribute with ur trucks

its bad enuff that they throw cement at oda road users...adding petroleum products to the mix will be unquantifiable

abeg

Rather than stashing funds outside the Country, this will create opportunities.

I thought it was supposed to be 2018?

For a project this size, a lot of work seems to have gone under the radar. hmm, Interesting.