Dangote acquires 4,000 machines for refinery expansion
Dangote Industries has acquired 4,000 new machines for its refinery expansion to 1.4 million barrels per day, bringing its total construction fleet to 6,50 Read More: https://punchng.com/dangote-acquires-4000-machines-for-refinery-expansion/
Dangote Industries Limited has acquired 4,000 additional construction machines for the expansion of its Lekki refinery, increasing its fleet to 6,500 machines. Group Vice President, Oil and Gas and Fertiliser, Devakumar Edwin, revealed this during a tour of the refinery in Ibeju-Lekki, Lagos. Initially, Dangote bought 2,563 machines after contractors couldn't fulfill the project needs.
The expansion is expected to double the refinery's capacity to 1.4 million barrels per day. Edwin explained that Dangote chose to buy equipment instead of hiring foreign contractors, citing the high costs and depreciation risks associated with importing equipment. The company also decided to build its own equipment fleet, driven by Nigeria's infrastructure deficit and the plaque on Dangote's table, which reads "Nothing is impossible."
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