Petrochemicals Refinery to Commence Operations in 2018

The Management of Dangote Petrochemicals and Fertiliser Plant has assured Nigerians that its 650,000 barrels Per Day (BPD) capacity petroleum refinery would come on stream by 2018.

Mr Madhav Kelkar, Senior General Manager, Civil and Structural, Dangote Petrochemicals Ltd, a subsidiary of Dangote Group, made the announcement when he took newsmen on a facility tour of the plant located at Lekki Free Trade Zone, Lagos.

He said that when the refinery comes on stream; it would boost the country’s refining capacity and enhance industrialisation.

Mr Kelkar said that construction work on the projects was expected to be completed by 2017 while refining operation would commence by 2018, adding that the projects would create job opportunities for Nigerians.

He said that more than 2,000 Nigerians would be employed when the refinery commence operations, adding that the petrochemical plant would produce 750,000 metric tonnes of polypropylene per annum while the fertiliser plant would produce 2.8 metric tonnes of Urea and Ammonia.

Category: 
myfinancialintelligence.com