Thursday February 6, 2025 | TheNewsDESK
Dangote Petroleum Refinery had exported two jet fuel cargoes to Saudi Aramco, the world’s largest oil producer and a leading integrated oil and gas company globally.
Saudi Aramco is majorly state-owned petroleum and is the national oil company of Saudi Arabia.
President of Dangote Group, Aliko Dangote, made this known during a visit by the Nigerian Economic Summit Group (NESG), team to both Dangote Fertiliser Limited and the Dangote Petroleum Refinery & Petrochemicals in Ibeju Lekki, Lagos.
He said exporting products to the global markets, especially Saudi Aramco, was because of his refinery’s world-class standards and advanced technology.
“We are reaching the ambitious goals we set for ourselves, and I’m pleased to announce that we’ve just sold two cargoes of jet fuel to Saudi Aramco,” he said, adding that since its began in 2024, the refinery has steadily increased its output, reaching 550,000 barrels per day.
While commending Aliko Dangote for establishing the $20 billion refinery – the largest single-train refinery in the world – NESG Chairman, Mr. Niyi Yusuf, stated that Nigeria needs more investments of this calibre to reach its $1 trillion economic goal.
“To achieve a $1 trillion economy, much of that must come from domestic investments. I joked during the bus ride that while others are dredging to create islands for leisure, you’ve dredged 65 million cubic tonnes of sand to create a future for the country.”
This refinery, fertiliser plant, petrochemical complex, and supporting infrastructure are monumental,” he said.
“My hope is that God will grant you the strength, courage, and health to realise your ambitions and that in your lifetime, a new Nigeria will emerge.”
