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Nairaland Forum / Nairaland / General / Business / Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS (52549 Views)
Dangote Refinery Installs Largest Single Crude Distillation Column - Pictures / Dangote Install The Largest Single Crude Distillation Column At His Refinery / Dangote Refinery: Largest Single Train Crude Distillation Column Berths In Lagos (2) (3) (4)
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Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by AntiWailer: 8:20am On Jan 11, 2019 |
omonnakoda: Ode. If you have such power, your life won't be this miserable and hopeless. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 8:21am On Jan 11, 2019 |
AntiWailer:I don't have such power Ogun kills his dogs when they reach their due date This dog is on the menu next week |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by blackgold2018(m): 8:26am On Jan 11, 2019 |
odutolasodiq:And to recycle or renew this energy you'l need petroleum products to produce them. You people have to understand petroleum products can never go extinct. The demand will only reduce a little due to your point raised. 2 Likes |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by INTEGRITYA1(m): 8:27am On Jan 11, 2019 |
Ibeju-Lekki top real estate destination for investors. It making more sense over there on daily basis. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by odutolasodiq(m): 8:31am On Jan 11, 2019 |
blackgold2018:The demand wouldn't be enough to make him the richest in the world. That's my point. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by AntiWailer: 8:33am On Jan 11, 2019 |
omonnakoda: mchewww Ode. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by 989900: 8:34am On Jan 11, 2019 |
omonnakoda: |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Nobody: 8:36am On Jan 11, 2019 |
nairaman66: True, but fossil fuels are still going to be around for a few more decades. The change-over to renewables would be gradual. 2 Likes 1 Share |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 8:39am On Jan 11, 2019 |
AntiWailer:7 days |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by ashjay001(m): 8:43am On Jan 11, 2019 |
omonnakoda: Well, that's d difference between Dangote n d common man. That project won't be allowed to fail! Na govt pikin |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by 989900: 8:43am On Jan 11, 2019 |
theoldpretender:Kudos! You did justice to providing 'facts' to arm chair opinionated folks. I don't have their energy anymore, I just strikethrough their ill-informed soliloquies. 1 Like |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by emmanuelpopson(m): 8:44am On Jan 11, 2019 |
how sustainable will the refinery be when most countries are going Green.. I won't believe Africa will be left behind as the vehicles using fossil fuel will be shipped to Africa by then.. but I will not be surprise that we may not go Green until a century or so.. then dangote will have his money back... |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by gondon(m): 8:50am On Jan 11, 2019 |
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Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Nobody: 8:53am On Jan 11, 2019 |
omonnakoda: The project was to engulf $11b initially but due to the floating of the forex it reached an unpresidented $19b. Also dangote borrowed $3b each from nigeria banks and world bank respectively initially. So My brother dangote franchise as the highest investment in this which makes him the owner of the refinery cuz he gave about $4b at the begining of the project 5 years ago.while others are giving him the money bit by bit.Its morning bro,b4 u want to argue use google and if u are nt satisfied argue with your keypad. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 8:53am On Jan 11, 2019 |
ashjay001: Did I say it will fail? I said it won't be completed this year. With hindsight maybe the scale of the project ( 650000 barrels daily) was too big for Dangote Group alone in that time frame . I am sure he could raise money by selling shares but that would reduce his percentage which he seems unwilling to do. Even the Niigeria Sovereign Wealth fund and perhaps pension funds The reality is the economic downturn has slowed the project down by at least two years but that was probably known to Dangote all along. What people say and what they know are dfferent things Also intersting is that he said he woud finish this before puchasing Arsenal FC .That too is delayed |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by ADRIAN88(m): 8:54am On Jan 11, 2019 |
Abortedfetus:Abortedfetus I like your optimism, but in this time and age, only technology-driven endeavours targeted at solving more realistic world problems can guarantee an individual/group of individuals that coveted position of being the richest in the world; and let's not forget there is a general tilt to more renewable sources of energy other than crude oil amongst others. Just saying...
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Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 8:55am On Jan 11, 2019 |
bozzyjoan:Dangote borrowed from World bank? Really What is the source of al these your "details" please share with us |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by souljaboi51(m): 8:56am On Jan 11, 2019 |
Once production starts, the price of petrol will sky rocket |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 9:00am On Jan 11, 2019 |
theoldpretender: Very simple question I ask AGAIN GRANT from where Do you know the meaning of the word GRANT You said he got "GRANTS" Once again GRANTS FROM WHERE This your PhD thesis does not answer that question |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 9:03am On Jan 11, 2019 |
omonnakoda: theoldpretender: Please answer the question Grants Grants from where |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Shawnnn01: 9:04am On Jan 11, 2019 |
SternProphet:Being the richest in Africa is not the same as the world. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Sunmolar(m): 9:15am On Jan 11, 2019 |
nairaman66: it's not all about petroleum, there are greater products from distillation. about 7 products. so petrol is just a fraction of it. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by winterfell007(m): 9:16am On Jan 11, 2019 |
omonnakoda: Nobody gave him grants. But he secured loans from a host of financial institutions. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by CyberWolf: 9:17am On Jan 11, 2019 |
To go buy lands for this Ibeju Lekki no go be a bad idea oo |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by omonnakoda: 9:36am On Jan 11, 2019 |
winterfell007:The whole world and his son knows that? The person I was speaking with said he got grants!! Are you their barrister Your point is? |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by obailala(m): 9:37am On Jan 11, 2019 |
colossus91:If Dangote completes his refinery and petrochemicals/fertiliser plant and becomes a vicious monopoly (which he will), his current ~$10bn worth will more than double in no time to about $25bn. When the Dangote refinery is fully ramped up, it can actually produce enough to cover Nigeria's entire product demand; and remember, we also have several modular refineries springing up here and there which will also be completed in no time, and the moribund govt refineries which are operating at less than 20% capacity will all add to Nigeria's overall refining capacity. At that time, Nigeria could even be exporting petroleum products to gain more forex from 2020/2021 and I can assure you the govt then can/will halt or even ban importation of petroleum products, thereby strenghtening Dangotes monopoly even more. Petroleum imports account for more than 60% of Nigeria's forex outflow. When we stop importing petrol, the demand for forex will drop drastically and you know what that means on the value of the Naira?... The Naira could easily jump back to N160/$. And if the naira appreciates so drastically like that, do you know what happens to Dangotes worth again?... It could instantly double. In summary, beyond 2021, Dangotes worth could easily hit $50bn. **On the other side, I envy whoever is the president whrn all these unfold because the economy would move in massive leaps when Nigeria stops importing fuel and politicians in charge then would ascribe all the glory to themselves and their wisdom.*** 1 Like |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by obailala(m): 9:41am On Jan 11, 2019 |
Gaspardd:The last picture I saw of that project, it was quite at an advanced stage. The difficult works have already been completed, all thats left is just installation of different components like this one which have already been pre-fabricated at different locations of the world... It's very possible for the refunery to be completed in 12 mobths. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by obailala(m): 9:43am On Jan 11, 2019 |
nairaman66:Petrol and other fossil fuels would still be relevant till even the next 50 years. |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Gaspardd(m): 9:57am On Jan 11, 2019 |
obailala: Thats piling still going on at one section of d site and its like that in approx. 75% of the whole site Pics not loading network sùcks here
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Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by Firebomber: 10:10am On Jan 11, 2019 |
mikolo80: lol.. next time make sure you feed your foolish father at home before you come online and talk trash one. hopeless fool. maybe you should check my comment that you reply before you start showing your foolishness online.. trying to educate a fool like you is just a waste of time. braindead |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by nairaman66(m): 10:12am On Jan 11, 2019 |
blackgold2018: I agree with you But these things will change with time! 20 years ago, do we have solar panels at home? No!! So there goes your answer... |
Re: Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS by blackgold2018(m): 10:27am On Jan 11, 2019 |
nairaman66:I get your point but you still don't understand me. Most of all this petroleum products alternatives still use petroleum products to manufacture them. So it will be very hard to get rid of crude oil totally. Or do you think Dangote group experts didn't analyse how many years it's refinery products demand will last in the market before building it? Please continue this argument if you r actually a petroleum/chemical engineer. |
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