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Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 - Business (2) - Nairaland

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Femi Otedola Congratulates Aliko Dangote On The Completion Of His Refinery. / Latest Update from Dangote Refinery, Ibeju-Lekki, Lagos (Photos and Videos) / Dangote Refinery Takes Delivery Of Gigantic Distillation Component In Lekki.PICS (2) (3) (4)

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Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by godkiller(m): 7:43am On Aug 09, 2019
Wiseandtrue:

2020 grin grin grin grin grin That was the original plan now

By 2020 again, it will move to 2021 grin cheesy grin na so till Buhari's tenure will end!!!

In a country with a vision, is this supposed to be one person project

What does Dangote know about oil or refineries Did he study any in the university

One person from one major tribe handling our major natural resources yet this government keep saying that oil is becoming outdated, they will diversify grin grin grin

Yet in 2019\2020, they are spending heavily still searching for the oil in the North

Hmmmmmmm when will Nigeria be better

I support the #REVOLUTION NOW# team!!!

If truly Buhari believed in one Nigeria, he could have gotten a business man, those with technically know how from the 3 major tribes to handle this project!!!

I am just saying...

What does Dangote know about oil or refineries Did he study any in the university

Are you normal? Must he study Petroleum Engineering before he invests or succeeds in the oil sector? USE YOUR HEAD.

6 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by barx(m): 7:51am On Aug 09, 2019
This delay will increase the cost of project and hold down money invested before it will start yielding profit
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by seanjy4konji: 7:54am On Aug 09, 2019
But how can we have this much crude oil and be importing refined products...are we madwe carry our crude to the abroad to help us refine and buy iit again to bring it back again...

person weh curse us no be here oooo

4 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by starstaz(m): 7:56am On Aug 09, 2019
I posted this position few days ago. o decided to look for it and do copy and paste again::::



B e Dreaming and Masturbating on Dangote Refinery. Side talks at the Corridor of power has exposed it to be all Ruse. In Ten Years 2029_ the Refinery will still be at infancy phase. Since 2011_ Ngozi Iweala had been raising our hope that it will come up on stream by 2015. Next year will be 2020. Keep Dreaming on Dangote Farce

1 Like

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Nobody: 7:59am On Aug 09, 2019
Nemesis909:


So untrue.

Dey there. We are not talking about the dubious packaging of delivering an unoperational but ‘completed’ package
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by femliany(m): 8:00am On Aug 09, 2019
Opexzy:


It's either PANT (British) or TROUSER (American) and not Pant Trouser...
Prof Orubebe,that guy is making money but you are busy correcting the language that Nija don't value..money speaking speaking

2 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by starstaz(m): 8:01am On Aug 09, 2019
starstaz:
I posted this position few days ago. o decided to look for it and do copy and paste again::::



B e Dreaming and Masturbating on Dangote Refinery. Side talks at the Corridor of power has exposed it to be all Ruse. In Ten Years 2029_ the Refinery will still be at infancy phase. Since 2011_ Ngozi Iweala had been raising our hope that it will come up on stream by 2015. Next year will be 2020. Keep Dreaming on Dangote Farce

Dangote Refinery is the biggest economic crime against Nigeria aka Yahoo yahoo political illusion. I stopped hoping for its completion the moments I knew the guy is in cahoot with the people in power to place the people on ghost mode. Nothing is coming on board. And if it will come

2 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Monjerk: 8:02am On Aug 09, 2019
Even 2021 is not too sure only if they speed up things.

2019 was never going to be possible,

2020 is still not going to be possible,

You can book this down.

2021 is the year only if they speed things up.

1 Like

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by starstaz(m): 8:10am On Aug 09, 2019
seanjy4konji:
But how can we have this much crude oil and be importing refined products...are we madwe carry our crude to the abroad to help us refine and buy iit again to bring it back again...

person weh curse us no be here oooo

U too have woken up from our economic crises. Its a deep poooo of pooooo. Nigeria as an entity is a bizness farm designed to yield profit to non citizens and causing havoc and economic deprivation and depression for the citizenry. Its a big curse!

1 Like 1 Share

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by deepwater(f): 8:10am On Aug 09, 2019
Opexzy:


It's either PANT (British) or TROUSER (American) and not Pant Trouser...

You are wrong son
English language is arbitrary, conventional and traditional

More importantly I understand the particular cloth the person was referring to as "pant trousers" as they are different types of Male and female trousers.

2 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by sooperrescue(m): 8:23am On Aug 09, 2019
Scam unloading. It was 2021 he stated before and he forgot that it was 2021 and now 2020 and later 2023. It is the FG that guaranteed all the loans. He is the first person to borrow money from CBN interest free. CBN governor was worried about the scam and he went to the refinery to see what was going on. Kachikwu also went to the refinery to ascertain the true state of the place. And in the end, na euro 5 he is producing when cars are already using euro 6. Motorists, we shall continue to look for the solution to our engine problems

2 Likes 1 Share

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Nobody: 8:38am On Aug 09, 2019
sophsia62:
Africa’s largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in Lagos said.

“We will be able to complete the (refinery) project by the end of next year – mechanical completion,” said Dangote Group Executive Director Devakumar Edwin, who oversees the project.

The company expects fuel production within two months of completion of the refinery, which could transform Africa’s biggest crude producer from a fuel importer into a net exporter, upending global trade patterns.

Billionaire Aliko Dangote, who built his fortune on cement, first announced a smaller refinery in 2013, to be finished in 2016. Dangote then moved the site to Lekki, in Lagos, upgraded the size and said production would start in early 2020.

Nigeria imports virtually all its fuel due to underutilised refineries, and even the state oil company is looking to the 650,000 barrel per day (bpd) Dangote refinery to help address this.

Price caps force NNPC to import nearly all its gasoline at a significant cost and periodic fuel shortages are common.



Despite the delays at the congested Apapa and Tin Can Island ports in Lagos, a Dangote executive said the company could start using the refinery’s tank farms as a depot to warm up operations.

Edwin also said during an interview at his office in Lagos that Dangote is setting up its own trading desk, with a senior team of three people and a staff of roughly 30 who will monitor international commodity prices.

“We are setting up a complete trading desk here with us. In the next three months the full desk will be set up,” he said.

Giuseppe Surace, the refinery’s chief operations officer, said the refinery’s tank farms will be finished this year and could be used as a warm-up for operations.

The tanks will be connected to five “single point mooring buoys” (SPMs), which will allow the refinery complex to pump crude straight into tanks from large ships at sea and pump products back out onto boats of any size.

The SPMs will be the primary method of supplying oil products from the refinery, Surace said, adding that the team were considering using the tanks as training or as a depot before the refinery’s production starts.

“We might do that. We will be ready to do that,” he said, though he added that no decision had been taken yet.

The team is in talks with NNPC, two other international oil companies and two large oil traders, all of whom are interested in supplying crude and buying products, Edwin said.

Edwin said the crude unit for the refinery, which set sail from China last month, would arrive by the end of October.

The trains at a fertilizer plant on the same site will start up by the end of this year, the executives said.

https://mobile.reuters.com/article/amp/idUSKCN1UY27N

They can never complete this refinery by 2022. The 2020 is just a deception. I have been an ardent supporter of Dangote on nairaland & other social media. The CBN governor in one of his developmental reports few years ago had mentioned the contributions the refinery would bring to the economy by 2017. Later, the delivery date was shifted to 2018. Critics said the project is being used to receive facilities from CBN to support other businesses within Nigeria and other African countries.I defended the project. Later, delivery date was shifted to 2019 after much noise about the delivery by 2018. From the way it is now, since Emefiele tenure has been renewed and this government ends by 2023, the project can as well be extended to 2022 to receive more facilities from CBN to support other businesses.

The Buhari government that has placed much emphasis on this project may never witness its contribution to to the economy. Dangote really used Buhari government to his advantage as Ibeto Cement used Jonathan government to its advantage.

2 Likes 1 Share

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by aligeee(m): 8:46am On Aug 09, 2019
That project is not coming up in 2020. The picture up there was most likely taken in the fertilizer plant.
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by chibjohn(m): 8:48am On Aug 09, 2019
If you know, you will know that that project can't be completed in 2021 let alone 2020 which is like tomorrow.

1 Like

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by WeRblessed(f): 8:50am On Aug 09, 2019
Mandesz:
Nigeria get a lot of problems including policy Summersault

Nigeria is a problem.

Nigerian leaders are bad luck

No country want Nigeria

No company wants to invest in Nigeria.

Anything that touches the ground that Bu... walks dies.

I laugh in Mombasa cheesy cheesy cheesy
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Ernerstdavid55(m): 8:52am On Aug 09, 2019
jerseyboy:
Wahala dey oo
Wich wahala sir
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by MiddleDimension: 8:58am On Aug 09, 2019
Opexzy:


It's either PANT (British) or TROUSER (American) and not Pant Trouser...

actually, it is the british that call it trousser and the americans, pants

1 Like

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Techsunny: 9:05am On Aug 09, 2019
Alert! Alert! !! Alert!!! Igbos wise up, ekoo Atlantic for , west, this refinary for north.who's aliko?? This man is bank of north in disguise.North pump stolen oil generated fund in Dangote plc, fellow Biafrans wise up, I blame foolish niger deltans on this issue, they ll'suffer at end .
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by AngelicBeing: 9:55am On Aug 09, 2019
Amuocha:
Useless shift sad

Seems only large scale operations would happen in 2019.

Nigeria projects sef
tongue
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Ayhomes(m): 10:06am On Aug 09, 2019
Check my profile if you want free plot with Approved Excision around the refinery
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Ayhomes(m): 10:07am On Aug 09, 2019
Check my profile if you want free plot with Approved Excision around the refinery ...
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by slodot2000: 10:39am On Aug 09, 2019
When your in next level that's what you get. Bad luck, delays, setbacks, retrogression and backwardness
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Aidejay(m): 11:49am On Aug 09, 2019
Wiseandtrue:

2020 grin grin grin grin grin That was the original plan now by 2020 again, it will move to 2021 grin cheesy grin na so till Buhari's tenure will end!!!
In a country with a vision, is this supposed to be one person project
What does Dangote know about oil or refineries Did he study any in the university
One person from one major tribe handling our major natural resources yet this government keep saying that oil is becoming outdated, they will diversify grin grin grin yet in 2019\2020, they are spending heavily still searching for the oil in the North
I support the #REVOLUTION NOW# team!!!

If truly Buhari believed in one Nigeria, he could have gotten a business man, those with technically know how from the 3 major tribes to handle this project!!! Iam just saying...
this thing wey u write for here if it makes sense to u then I am really sorry.
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Nobody: 12:32pm On Aug 09, 2019
aligeee:
That project is not coming up in 2020. The picture up there was most likely taken in the fertilizer plant.
I know for sure its the fertilizer plant, even train 1 of the fertilizer plant that was started since 2014 wont even be ready by 2020, talk more of the refinery.

2 Likes

Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by chinchum(m): 2:50pm On Aug 09, 2019
I knew the earliest possible time is late 2020
Re: Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020 by Basic123: 4:49pm On Aug 09, 2019
godkiller:


What does Dangote know about oil or refineries Did he study any in the university

Are you normal? Must he study Petroleum Engineering before he invests or succeeds in the oil sector? USE YOUR HEAD.


If you find out very well,he will be Igbo!

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