Dangote Refinery

Dangote Refinery FrankvEck, CC BY-SA 4.0

Oil refinery in Nigeria

Dangote Refinery is owned by the Dangote Group and located in Lekki, Nigeria. The refinery was officially inaugurated (commissioned) on May 22, 2023 and began operations in January 2024, processing crude into products like diesel and aviation fuel. The production of Premium Motor Spirit (PMS), began in September 2024. Originally intended to have a refining capacity of about 650,000 barrels of crude oil per day at full operationality, the refinery is the largest single-train refinery in the world with initial investments in excess of $19 billion.

Also known as...Dangote Petroleum Refinery and Dangote Oil Refinery
Dangote refinery seeks dollar swap for petrol proceeds

Nigeria explores a dollar swap to fund Dangote Refinery’s petrol revenues.