Report Ranks Dangote Over Europe’s Big Refineries

VOP Lagos
1 Min Read

The Dangote refinery has been ranked above the 10 biggest refineries in Europe due to its capacity, according to data compiled by Bloomberg.

The $20bn Dangote refinery can refine 650,000 barrels of petroleum products per day.

The report stated that this is over 246,00bpd capacity more than Shell’s Pernis refinery located in the Netherlands.

It added that the Pernis refinery has an installed capacity of 404,000bpd the biggest in Europe.

The BP Rotterdam in the Netherlands has 380,000 capacity.

Also, the TotalEnergies Antwerp refining facility in Belgium can refine 338,000bpd.

Describing the Dangote refinery as a ‘game changer’, the Bloomberg report said the refinery was taking advantage of cheaper US oil imports for as much as a third of its feedstock as it started up.

The refinery has been reportedly shipping products in recent weeks while readying two units to enable petrol output that will deliver a long-promised transformation of the fuel market both in Nigeria and the region, according to analysts.


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