The Dangote Petroleum Refinery is set to become the largest refinery in the world as its management unveils an ambitious expansion plan to boost output from 650,000 barrels per day (bpd) to 1.4 million bpd.
President of the Dangote Group, Alhaji Aliko Dangote, made the announcement during a press briefing in Lagos on Sunday, describing the move as a transformative milestone for Nigeria’s energy sector and global refining capacity.
“We are expanding the Dangote Petroleum Refinery from 650,000 barrels per day to 1.4 million barrels per day. Upon completion, this will make it the largest refinery in the world, surpassing the Jamnagar Refinery in India,” Dangote said.
According to him, the expansion work will commence immediately and will firmly position the multi-billion-dollar facility as a global energy hub capable of meeting both domestic demand and significant export volumes.
Dangote disclosed that the project would generate about 65,000 jobs, with Nigerians expected to occupy 85 per cent of the positions. He also revealed that the refinery will upgrade its production output to meet Euro VI fuel standards, aligning with the highest international environmental requirements.
“With this expansion, the refinery transitions from producing Euro V to Euro VI fuel standards, meeting the highest global environmental benchmarks,” he stated.
As part of the refinery’s capacity upgrade, Dangote announced plans to double power generation at the site from 500 megawatts to 1,000 megawatts, ensuring uninterrupted operations and energy stability for the massive facility.
In a major development for investors, Dangote also revealed plans to list the refinery on the Nigerian Stock Exchange by 2026, giving Nigerians the opportunity to own a stake in what is fast becoming one of Africa’s most strategic industrial assets.
Dangote expressed deep appreciation to President Bola Ahmed Tinubu for his consistent support, noting that the expansion project is expected to be completed within three years.
“The expansion is expected to be completed in three years,” he said.
If successfully executed, the expansion will not only cement Nigeria’s place in global refining but also redefine Africa’s role in international energy supply and environmental compliance.
