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Nairaland Forum / Nairaland / General / Business / Giant Dangote Oil Refinery Begins Production In 3rd Quarter (31684 Views)
Dangote Refinery Begins Operations / Dangote Refinery Begins Operations Amid Lingering Fuel Crisis / Otedola Visits Dangote’s Oil Refinery, Petrochemical Plant In Lagos (Photo) (2) (3) (4)
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Giant Dangote Oil Refinery Begins Production In 3rd Quarter by TheDemola: 12:17pm On Jan 23, 2022 |
■Dangote refinery plans to process 540,000 barrels a day ■Refinery capacity to meet Nigeria’s domestic fuel need Nigeria’s giant new Dangote oil refinery will start processing crude in the third quarter of this year. https://www.bloomberg.com/news/articles/2022-01-22/giant-dangote-oil-refinery-to-begin-production-in-third-quarter 10 Likes
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Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by heniford2: 12:18pm On Jan 23, 2022 |
Monopol in play in Nigeria 28 Likes 2 Shares |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by TheDemola: 1:00pm On Jan 23, 2022 |
heniford2: BUA also building one in Akwa Ibom now and the other modular refineries 121 Likes 3 Shares |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Nobody: 1:18pm On Jan 23, 2022 |
Okay Alhaji 3rd Quarter is fair, but safety is also important, so don't rush ... the most important thing is that by the end of 2022 we can all say Nigeria have a functioning Refinery and Petrochemical complex ready to serve the world and attract more LDI and FDI. 21 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by nzeobi(m): 1:46pm On Jan 23, 2022 |
Thank God this refinery is coming on stream soon but who has update on the Walter Smith refinery in IMO State and the refinery commissioned in Edo state the other time 19 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by dominique(f): 3:25pm On Jan 23, 2022 |
Other than the employment opportunities it brings, there's nothing to be thrilled about this refinery. When cement was still being imported, the price was still manageable. In comes Dangote cement with locally sourced materials, prices of cement has since quadrupled if not more. I'm sure that's how it's going to be when this Dangote refinery becomes operational. That N300/L we don't want to spend on fuel at the moment, we might end up spending more than that as I'm sure government won't spend one Kobo to subsidize his fuel. Dangote enters a market and the prices of the commodity automatically inflates. His fuel won't be an exception 101 Likes 8 Shares |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by GIANTPLUSHUB: 3:29pm On Jan 23, 2022 |
Let's see how it goes 1 Like 1 Share |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Damidave1124(m): 9:03pm On Jan 23, 2022 |
I hope it will reduce the price of PMS/Petrol? If not, I don't see how this will have a positive effect on the common man 11 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Nobody: 9:03pm On Jan 23, 2022 |
Lovely, God Bless Nigeria 3 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by googlepikins: 9:03pm On Jan 23, 2022 |
My brother work there he said that refinery will be ready around 2 years time. 1st quarter of 2024. Plenty of work dey that complex. And the paste of work is really slow cos the Indians and the Chinese contractors don't get along that much. And they have serious theft issues there too. Apparently some Nigerians in collaboration with Nigerian security agents are stealing installed cables. 44 Likes 5 Shares |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Nobody: 9:04pm On Jan 23, 2022 |
Hopefully it works well this time |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by wman(m): 9:04pm On Jan 23, 2022 |
He said "Hopefully." Not certain. 1 Like |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by LegendHero(m): 9:04pm On Jan 23, 2022 |
Nice one Dangote. Let’s hope it take off as scheduled. 2 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by OkoroPeugeot(m): 9:05pm On Jan 23, 2022 |
Subsidy is endig before Q3 |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by sulaak(m): 9:06pm On Jan 23, 2022 |
TheDemola: BUA is building nothing and the modular refinery is a none starter. 10 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by bigdammyj: 9:06pm On Jan 23, 2022 |
Noted |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by 1nigeriamyfoot: 9:07pm On Jan 23, 2022 |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by princepee: 9:07pm On Jan 23, 2022 |
Dangote can afford to build a refinery..... Yet the federal government couldn't build new ones, but maintaining old outdated ones with billions of dollars. Politics and corruption will kill this country. We have crude yet import refine products. Big shame. BTW is this dangote refinery the reason why they want to remove subsidy? Make them no try rubbish oo. Fuel.must not sell . more than #165. They don't import the crude. 11 Likes 1 Share |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Johnson5258: 9:07pm On Jan 23, 2022 |
Noted dominique: |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by lexy2014: 9:08pm On Jan 23, 2022 |
dominique: employment? which employment? many have complained that its indians that are more on the site of the refinery 6 Likes |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by newsheadlines: 9:08pm On Jan 23, 2022 |
Great! New Visuals Of Dangote Refinery And 7 Facts About The Biggest Oil Refinery https://www.youtube.com/watch?v=6Zd3Oabo7nE |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by chaloskyx: 9:11pm On Jan 23, 2022 |
LETS WAIT AND SEE LETS HOPE WE WONT BE DOING TURN AROUND MAINTANANCE (TAM) EVERY YEAR LIKE OUR NIGERIAN GOVT COUNTERPARTS WISHING YOU THE BEST |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by calcal: 9:12pm On Jan 23, 2022 |
Good, what is the stock code and where to buy it? |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by dijas(m): 9:13pm On Jan 23, 2022 |
Reading |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by INTEGRITYA1(m): 9:15pm On Jan 23, 2022 |
Great |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Nobody: 9:15pm On Jan 23, 2022 |
Super Eagles 1 Like |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Cognitivereason: 9:16pm On Jan 23, 2022 |
dominique: Fuel is supposed to sell for N340 and above per litre if not for subsidies.. Since govt wanna remove subsidies by july...when dangote starts production he will sell fuel for N340 and above depending on oil prices He is not inflating it as that is the international price 9 Likes 1 Share |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by ItooWorWor(m): 9:17pm On Jan 23, 2022 |
Nice one! It will save Nigeria a huge forex. 1 Like |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Elidrisy20: 9:17pm On Jan 23, 2022 |
Quota system billionaire 4 Likes 1 Share |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by RodgersAkpafu: 9:18pm On Jan 23, 2022 |
dominique:The simple reason for this is because production in Nigeria is very much expensive Think of how much worse our exchange rates position would have been if we were still importing the huge cement demand needs of this country Life is a trade off You cant have it all... If you want cheap stuff produced abroad Dont complain when your forex is wrecked 12 Likes 1 Share |
Re: Giant Dangote Oil Refinery Begins Production In 3rd Quarter by Elsueno: 9:22pm On Jan 23, 2022 |
I bet 1 million naira this refinery would even struggle to begin operation at first quarter of 2023.....No be 9ja 7 Likes 2 Shares |
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