Nigerian National Petroleum Corporation (NNPC) Limited has lifted the first set of trucks with petrol from the 650,000 barrels per day Dangote Refinery for local consumption.
This is as the company assured that 44% of its product will satisfy the requirement for local consumption in Nigeria.
Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, described the commencement of the petrol lifting as a moment of pride for every Nigerian.
Speaking to newsmen at the refinery on Sunday, Edwin said 44% of the PMS production from the Dangote refinery can meet the requirements of the entire country.
“If you look at the refinery as a whole, PMS alone, every day, 650,000 barrels of crude if we’re processing, we can generate more than 54 million litres of PMS. And, of course, the refinery has the capacity to produce various other products too.
“44% of the production can meet the entire requirement of the country, 56% of the production has to be exported. So, it is a huge refinery. So, it is not only going to be doing import substitution, but it is also going to make Forex generation through export revenue. The gantries are actually 86 and it can load 86 trucks at a go.
“My President has been giving presentations that 52 years ago, we were trying to see how to solve the problem of PMS supply and the queues. Now, after 52 years, we have a solution. And the solution is local production of PMS and it is from a Nigerian oil company. As an EPC contractor, it was constructed by a Nigerian company.
“So, it’s a matter of pride that a Nigerian oil company, constructed by a Nigerian-owned company, is able to generate PMS from the local crude and daily will not only meet the entire requirement of Nigeria but can also have surplus to export. So, it is a time and moment of great pride to every Nigerian.”
