Dangote Refinery Outshines 10 Biggest European Refineries
Dangote refinery has been ranked above Europe’s ten largest refineries in capacity, according to a report by Bloomberg.
The $20.5 billion Dangote refinery, owned by Africa’s richest man, Aliko Dangote, has a processing capacity of 650,000 barrels per day. The refinery outshines Europe’s largest refinery, the Pernis Refinery, with its installed capacity of 404,000 barrels per day (bpd).
The refinery, which finally began production in January after facing years of delay, outshines Europe’s largest refinery, the Pernis Refinery, with its installed capacity of 404,000 barrels per day (bpd).
Additionally, the GOI Energy ISAB Refinery in Italy, constructed with a refining capacity of 360,000 bpd, falls short compared to the Dangote facility. Others are: BP Rotterdam with 380,000 barrels, Total Energies Antwerp (338,000 barrels); Orlen Plock (327,000) barrels; Shell Rheinland (327,000 barrels); Miro (310,000 barrels); ExxonMobil Antwerp (307,000 barrels); Saras Sarroch (300,000 barrels) and Exxon Mobil Fawley (270,000 barrels per day).
According to Bloomberg, the Dangote plant is capitalizing on the affordability of US oil imports, which account for up to a third of its feedstock as it begins operations.
In recent weeks, the plant has been shipping products while preparing two units to facilitate gasoline output.
