The Organisation of Petroleum Exporting Countries has said the refinery being built by Dangote Group is expected to reduce the need for fuel imports in West Africa.
currency for importation.
In its World Oil Outlook, OPEC projected that the refinery would refine up to 650,000 barrels of crude oil per day.
The Group Executive Director, Strategy, Portfolio Development and Capital Projects, Dangote Industries Limited, Deva-kumar Edwin, said
refining and petrochemicals project will meet 100 per cent of domestic demand for petroleum products and leave surplus for export in line with OPEC’s expectation.