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  • Updated: June 11, 2024

JUST IN: Dangote refinery delays start of petrol production

JUST IN: Dangote refinery delays start of petrol production

Dangote Refinery

The Dangote Refinery, Africa's largest oil refinery, has postponed the commencement of its premium motor spirit, PMS, production, commonly known as petrol, from June to mid-July.

This was confirmed by Aliko Dangote, President and CEO of the refinery, during a press briefing at the $20 billion facility in Lagos on Monday.

CEO Aliko Dangote explained that the delay is due to minor setbacks, shifting the initial production date from June to between July 10 and 15.

“We experienced a slight delay, but we expect petrol production to start between July 10 and 15,” said Dangote.

“However, we plan to store the petrol in tanks to ensure it stabilizes. Consequently, local supply to marketers will begin in the third week of July.”

In the interim, the Dangote Refinery has already started supplying jet fuel and diesel to domestic marketers. This supply has led to a decrease in the pump prices of these products.

Also, it was reported that the $20 billion facility started exporting its first jet fuel cargo to Europe.

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