Dangote Petroleum Refinery don pick American company, Honeywell, as im strategic partner to help expand the refinery reach 1.4 million barrels per day by 2028. Dis move go push the refinery closer to becoming di biggest single-location refinery for di whole world.
Di announcement come on Tuesday, just one month after Dangote reveal im expansion plans.
According to di statement wey management sign, Honeywell go supply special catalysts, equipment and technology wey go allow the refinery process more types of crude oil and boost efficiency.
Di statement talk say:
Dangote Group dey happy to announce say we don enter partnership with Honeywell International Inc to support di next phase of our refinery expansion. Dis collaboration go give us advanced technology and services to increase processing capacity to 1.4 million barrels per day by 2028.
Dem add say Honeywell go also provide specialised systems wey go improve product quality and make operations more reliable.
Under di agreement, Dangote go use Honeywell UOP’s Oleflex technology to boost polypropylene production reach 2.4 million metric tonnes per year, putting Nigeria strong for global petrochemicals market.
Even though dem no reveal di exact amount, one source wey yarn with Reuters talk say di deal fit pass $250 million, depending on final project setup.
Honeywell na global Fortune 100 company wey get plenty solutions for aviation, automotive, industrial automation and advanced materials. Their UOP division don dey partner with Dangote since 2017, supplying refining systems and high-performance equipment.
Apart from refining, Dangote Group still dey push ahead with di next phase of im fertiliser expansion. Di company plan increase urea production from 3 million to 9 million metric tonnes yearly by adding four new production trains.
Nigeria, wey be Africa’s biggest crude oil producer, don depend on imported refined fuel for years because government refineries for Port Harcourt, Warri and Kaduna don spoil tey tey despite trillions wey dem spend on repairs.
Dangote’s $20bn refinery for Lekki, Lagos, dey expected to break dis old cycle. With initial capacity of 650,000 barrels per day, di refinery fit meet all Nigeria fuel needs and still export.
Last month, Aliko Dangote announce say dem go add second processing train to push total capacity reach 1.4 million bpd, almost matching Nigeria’s current crude production.
“Our expansion vision simple, make Nigeria become global refining powerhouse,” Dangote talk.
Di Honeywell deal come at a time when di American company dey restructure and plan to separate its aerospace division. Partnering with Dangote go help am enter deeper into energy and petrochemical markets.
As Nigeria dey try end decades of fuel import wahala, dis partnership na strong sign say Dangote Refinery don move from construction stage enter full operational expansion mode.
Dangote Group conclude say dem remain committed to building world-class industrial capacity, strengthening Nigeria energy security and boosting economic growth through long-term investment and innovation.
0 Comments