Dangote Refinery, the 650,000 barrel per day project embarked on by Africa’s richest man, Aliko Dangote will begin production in the first quarter of 2020. Aliko Dangote disclosed this to BusinessDay in an exclusive chat at the ongoing FT Africa summit in London. He said that he expects the mechanical work on the refinery to be completed at the end of 2019 and actual production to start in 2020.
He said that the projected timeline on the project has been delayed due to some unplanned challenges encountered in the process of building the refinery. He said that because the country’s ports were not built to handle mega projects like the Dangote refinery, he has had to build a complete jetty to handle the imports of the huge equipment needed to build the refinery.
But he also said that the refinery has currently ordered all the heavy equipment needed to complete it. He also disclosed that the nature of the environment in which the refinery operates means that he has had to construct 138 kilometres of road within the refinery area to move equipment around.
In an earlier session in the morning, Dangote disclosed that its planned three million tonnes capacity fertilizer plant will start production in January next year. He said that initial plans for the fertilizer plant to start in November this year was delayed because the company that was meant to supply it gas ran into a financial crisis. However, he says things are being resolved and a new start date in January is now fixed. At completion, he said that the fertilizer plant will have excess capacity of two million tonnes offertilizerwhich will be exported to other African countries.
Get real time update about this post categories directly on your device, subscribe now.