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UPDATE 1-Nigeria's Dangote refinery to rely on ports, roads for fuel deliveries

Published 29/10/2019, 19:09
© Reuters.  UPDATE 1-Nigeria's Dangote refinery to rely on ports, roads for fuel deliveries

(Adds ethanol and petrochemical details, story links)

By Libby George

LAGOS, Oct 29 (Reuters) - Africa's largest oil refinery will

deliver its fuels to Nigerian consumers via roads and sea ports,

and will effectively replace all of Nigeria's fuel imports once

fully operational, a company executive said on Tuesday.

The 650,000 barrel-per-day Dangote oil refinery is under

construction in Lagos, the biggest city in the most

fuel-consuming nation in the region, which absorbed 266,000

barrels of petroleum products per day as of 2015.

Congested ports and dilapidated roads led some to expect

that the company would build a pipeline or other method of

getting its fuel to consumers.

But Dangote Group Executive Director Devakumar Edwin told an

OTL (Oil Trading and Logistics) Expo in Lagos that fuels would

go via "shuttle" boats to Nigerian cities Warri and Calabar, and

that other deliveries would go in trucks.

The company is itself fixing and expanding one of the

current roads to Lekki - an area adjacent to Lagos's financial

and business district - Edwin said, while the Lagos state

government will build another toll road to aid shipments.

"That's going to reduce a lot of congestion," Edwin said of

their plans.

He said the refinery would virtually eliminate fuel imports

from other regions, adding "those who are importing today... can

buy from our refinery".

Dangote had previously told Reuters that the refinery's

mechanical completion was delayed until 2020, though industry

sources told Reuters last year that fuel output was unlikely

before 2022. The refinery is also constructing facilities that will allow

it to export its diesel, gasoline and other fuels to markets

including Europe and Latin America aboard vessels as large as

Suezmax tankers.

It is also designed to be able to produce diesel that meets

European winter standards, and will be high quality enough to go

to any market.

The refinery's startup will be particularly tough on

European refineries, which currently supply a large portion of

gasoline consumed in West Africa, another Dangote executive

speaking at the conference said.

"We can export the product all over the world. So there is

no need for us to (blindly) compete with the local production,"

Edwin said.

The Dangote group is also eyeing ethanol production at its

sugar and molasses plant in Adamawa state, and has facilities at

the refinery to blend ethanol with fuel if needed.

Edwin said they are also already considering expanding

plastics and petrochemical productions at the refinery, which

will make polyethylene and polypropylene when it begins

production.

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