Tag 000 barrels refinery in nigeria

Here are some key facts about the 000 Barrels Refinery in Nigeria:

Name: 000 Barrels Refinery (also known as the Dangote Refinery)

Location: Lekki Free Trade Zone, Lagos State, Nigeria

Capacity: 650,000 barrels per day (bpd) - one of the largest single-train refineries in the world

Owner: Dangote Group, a Nigerian conglomerate founded by Aliko Dangote

Investment: Estimated to cost around $12 billion, making it one of the largest single investments in Nigeria's history

Features:

• The refinery will process a variety of crude oils, including heavy and light grades
• It will produce a range of petroleum products, including gasoline, diesel, jet fuel, and liquefied petroleum gas (LPG)
• The refinery will also have a petrochemical plant, which will produce polypropylene and polyethylene
• The project is expected to create thousands of jobs during construction and operation

Timeline:

• Groundbreaking ceremony held in 2016
• Construction began in 2017
• Expected to be completed by 2023

Significance:

• The refinery will help to reduce Nigeria's reliance on imported refined petroleum products
• It will also increase the country's refining capacity, reducing the need for fuel imports and helping to stabilize the domestic market
• The project is expected to have a positive impact on Nigeria's economy and energy security

I hope this information is helpful!