Dangote Refinery Will Transform, Diversify Nigeria’s Economy — Edwin

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THE $12 billion Dangote refinery will transform and diversify Nigeria’s economy when completed in 2019.

Speaking at the on-going Oil Trading and Logistics (OTL) conference in Lagos on Tuesday, Mr. Devakumar Edwin, Executive Director, Dangote Group said that the 650,000 barrel per day refinery will stimulate economic development in Nigeria.

Edwin, who was represented by the Director, Business Strategy and Optimization, Dangote Refinery, Mr. Srinivas Rachakonda described the refinery as one of the most strategic socio-economic projects in Nigeria.

He said that the refinery was designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet Euro V specification.