Dangote Petroleum Refinery and Petrochemicals Expansion Project
Sector: Oil and Gas • Location: Nigeria
Source: The Star
The project involves the long-term expansion and financial strengthening of the Dangote Petroleum Refinery and Petrochemicals complex, which has a processing capacity of 650,000 barrels per day. The expansion is supported by a $4 billion senior syndicated term loan, with Afreximbank underwriting $2.5 billion of the loan to consolidate existing debt and optimize the refinery's capital structure.
- Status
- Under Construction
- Sector
- Oil and Gas
- Location
- Nigeria
- Updated
- 22 Jul 2026
- Source
- The Star
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the long-term expansion and financial strengthening of the Dangote Petroleum Refinery and Petrochemicals complex, which has a processing capacity of 650,000 barrels per day. The expansion is supported by a $4 billion senior syndicated term loan, with Afreximbank underwriting $2.5 billion of the loan to consolidate existing debt and optimize the refinery's capital structure. |
Original sector | Energy |
Budget |
Location
Country | Nigeria |
Source
Source | The Star |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2026-04-03 |
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