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Dangote Refinery crosses record 700,000 bpd threshold as imports sink

…Hits record 105% run rate …Pumps 84.4m litres daily Dangote Petroleum Refinery pushed capacity utilisation above the 100 percent mark read more Dangote Refinery crosses record 700,000 bpd threshold as imports sink

Dangote Refinery crosses record 700,000 bpd threshold as imports sink

Dangote Petroleum Refinery has reached a record capacity utilisation of over 100%, pumping 84.4 million litres daily. According to BusinessDay Nigeria, this translates to a production of 700,000 barrels per day.

The refinery's achievement comes as imports sink, though specific details on the decline are not provided.

Capital Business reports that Aliko Dangote, the billionaire behind the refinery, has addressed a legal dispute surrounding a separate project, a planned 700,000-barrel-per-day Lamu refinery in Kenya. Dangote described court challenges as routine in developing large projects in Africa.

Brief written by urgent.news from BusinessDay Nigeria, Capital Business — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Read the original at businessday.ng →

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