Nigeria’s Dangote Refinery Reaches 70% Capacity, Sources Crude from Ghana
Nigeria’s $20 billion Dangote Refinery has achieved a major operational milestone, reaching approximately 610,000 barrels per day production in August, representing about 70% of its nameplate capacity. The facility has also diversified its crude supply chain for the first time by sourcing oil from Ghana, marking a strategic shift in its operational approach.
The refinery’s receipts in August included five Nigerian Suezmaxes, two United States Very Large Crude Carriers, and a single Ghanaian cargo containing Sankofa grade crude, a medium-sweet crude with 29 API and 0.3% sulfur content. This diversification strategy reflects the refinery’s growing appetite for supply flexibility as it works to stabilize output.
Since beginning production, the facility has sourced crude from multiple countries including Nigeria, Brazil, Angola, Ghana, and Equatorial Guinea. The decision to incorporate Ghanaian crude signals a more pragmatic approach to securing operational consistency, despite earlier commitments to prioritize Nigerian crude exclusively.
Source: Africa Business Insider
