Dangote Refinery Meets National PMS Demands, To Supply 65 Million Litres Of Petrol Daily For Domestic Consumption

<h4>Dangote Refinery Meets National PMS Demands<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> <&sol;strong>reports that in a landmark shift for Nigeria’s downstream petroleum sector&comma; Dangote Petroleum Refinery &amp&semi; Petrochemicals&comma; with the status as world&&num;8217&semi;s largest single-train refinery&comma; will now supply between 60 and 65 million litres of Premium Motor Spirit &lpar;PMS&rpar; daily to meet national demand&comma; effectively positioning the country for sustained fuel self-sufficiency while exporting a surplus of up to 20 million litres&period;<&sol;p>&NewLine;<p>This followed a ramp-up of production&comma; which has left the Refinery producing much more than national consumption with rest to be exported to other countries already angling for partnership with the RRefinery<&sol;p>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">President of Dangote Group&comma; Aliko Dangote<&sol;a><&sol;strong>&comma; disclosed the development in Lagos&comma; confirming that a structured offtake agreement has been concluded with selected marketers to ensure nationwide distribution and eliminate supply instability&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;We have agreed an offtake framework to supply up to 65 million litres daily for the domestic market&comma;”<&sol;strong><&sol;em> Dangote said&period; <em><strong>&OpenCurlyDoubleQuote;Any surplus&comma; estimated at between 15 and 20 million litres&comma; will be exported&period;”<&sol;strong><&sol;em><&sol;p>&NewLine;<p>Nigeria’s average daily petrol consumption stands at between 50 and 60 million litres&period; The refinery’s output therefore exceeds current domestic requirements&comma; marking a decisive break from decades of fuel import dependence and recurrent scarcity&period;<&sol;p>&NewLine;<p>The structured model is designed to eliminate supply bottlenecks and curb speculative practices that have historically triggered disruptions&period;<&sol;p>&NewLine;<p>With local refining now exceeding national demand&comma; the country stands to conserve billions of dollars annually in foreign exchange previously spent on petrol imports&period; Analysts say this could help ease pressure on the naira&comma; strengthen external reserves and improve trade balance stability&period;<&sol;p>&NewLine;<p>The Group Chief Executive Officer of <strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">NNPC Limited&comma;<&sol;a><&sol;strong> Engr&period; Bayo Bashir Ojulari&comma; had during a recent visit to the facility described the refinery as a transformative national asset capable of redefining Nigeria’s energy security architecture and accelerating <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">industrial<&sol;a> growth&period;<&sol;p>&NewLine;<p>He described the refinery as a source of national pride and an example of Nigeria’s ability to leapfrog legacy industrial constraints through the adoption of best-in-class global technology&period;<&sol;p>&NewLine;<p>Commending its operational performance&comma; Ojulari said the plant had exceeded expectations&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;This plant was designed for 650&comma;000 barrels per day&period; None of us thought it would even touch 550&comma;000&period; What we saw live today was 661&comma;000&period; These are live parameters&comma; not reports or photographs&comma;”<&sol;strong> <&sol;em>he stated&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;