Dangote Group Secures $350M Deal to Build World's Largest Refinery in Nigeria
Dangote Group has signed a $350 million engineering contract with India's Engin India Limited to expand its Lekki refinery in Nigeria, making it the world's largest single-site refinery upon completion. The project aims to double the current refining capacity to 1.4 million barrels per day, positioning Nigeria as an emerging regional petroleum hub.
The deal, overseen by Engin India Limited and supported by the Ministry of Petroleum and Natural Gas, includes upgrading fuel output to Euro VI standards and tripling polypropylene production to strengthen Nigeria's petrochemical value chain. This initiative addresses Nigeria's historical reliance on fuel imports despite being a significant crude oil producer.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
Read full article
Continue on Legit.ng
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Dangote Signs $400M Deal for Refinery Expansion Equipment
Nigeria to Build World-Class Refinery to Boost Domestic Production
Dangote Group Signs $400M Deal for Refinery Expansion
Dangote Group Signs $400M Deal for Refinery Expansion
Dangote Refinery Hits 650,000 bpd Capacity, Sets Global Record in Oil and Gas Industry
Dangote Signs $400M Deal with XCMG for Refinery Expansion
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
