Crude oil shipment

Crude oil shipment. Shipping crude oil entails using pipelines or big tankers to transport unrefined petroleum from extraction sites to processing plants. These shipments, which make up around 30% of all marine trade worldwide, usually pass through crucial strategic chokepoints.

CRUDE OIL SHIPMENT

Out of the six crude shipments designated for supply to the Dangote Refinery, the fifth one million barrels of oil consignment will reach the refinery between today and tomorrow (Thursday). On the other hand, the sixth shipment of one million barrels would arrive.

The company had on Monday announced receipt of the fourth one million barrels crude cargo of Bonny Light grade from the Nigerian National Petroleum Company Limited (NNPCL).

“Close up aerial photo of a large oil tanker, with an oil rig in the far distance.”

However, with four crude cargoes of combined four million barrels now successfully supplied, Dangote Group is now some inches away from starting refining operations at its 650,000 barrels per day (bpd) Lagos-based refinery.

The Managing Director, Dangote Ports Operations, Akin Omole, had earlier told journalists at the Dangote Quay, Ibeju-Lekki, Lagos that the refinery would receive about four million crude oil shipment before the end of 2023.

Also, according to him, the refinery would get the remaining two by the early of January 2024, adding that this would position the refinery to begin production.

Crude oil shipment

He explained that once the six million barrels were fully delivered, it would facilitate the initial run of the refinery and see to the production of diesel, aviation fuel, and Liquefied Petroleum Gas, before progressing to the production of Premium Motor Spirit, popularly called petrol.

Dangote Refinery has a self-sufficient marine facility with the ability to handle the largest vessel globally available, from where it has been receiving the crude oil shipments.

After receiving the first consignment of crude, the President, Dangote Group, Aliko Dangote, had said, “We are delighted to have reached this significant milestone. This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects.

Crude oil shipment

“Our focus over the coming months is to ramp up the refinery to its full capacity. I look forward to the next significant milestone when we deliver the first batch of products to the Nigerian market.”

Other Reports;

Although, an X user (formerly Twitter) @imranmuhdz    Says, The now-awaited two consignments of one million barrels of crude each would be the last to be delivered to the Dangote facility out of the six million barrels of crude being expected by the Aliko Dangote-owned refinery.

Summary

The Dangote Refinery and Petrochemical Company, the largest single-train refinery in the world, has announced that, barring any unanticipated events that could cause a delay, its fifth and sixth cargoes of crude oil from Nigerian oil producers will arrive between today and January 6.