Dangote Petroleum Refinery
Sector: Oil and Gas • Location: Nigeria
Source: Africa Oil+Gas Report
The Dangote Petroleum Refinery is Africa's largest refinery with an input capacity of 650,000 barrels per stream day. It was constructed with a $20 billion price tag, primarily funded by equity (72%) and some debt (28%). The refinery is a single-train facility, meaning it has one continuous processing line. It has received significant support from the Nigerian government, including crude supply in
- Status
- Under Construction
- Sector
- Oil and Gas, Rail, Government
- Location
- Nigeria
- Updated
- 22 Jul 2026
- Source
- Africa Oil+Gas Report
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Project Information
Participants
| Not available for this record. |
Status
Original status | operational |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Dangote Petroleum Refinery is Africa's largest refinery with an input capacity of 650,000 barrels per stream day. It was constructed with a $20 billion price tag, primarily funded by equity (72%) and some debt (28%). The refinery is a single-train facility, meaning it has one continuous processing line. It has received significant support from the Nigerian government, including crude supply in naira, import restrictions on competing fuel, and tax holidays. The refinery is preparing for an IPO planned for 2026, aiming to raise $5 billion to pay down debt and strengthen its balance sheet. |
Original sector | Oil and Gas |
Budget |
Location
Country | Nigeria |
Source
Source | Africa Oil+Gas Report |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Rail, Government |
Article published date | 2026-05-24 |
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