Business

Dangote Refinery moves date of petrol production to mid July

Dangote Refinery, Africa’s largest oil refinery, has moved the date of production of petrol from June to the middle of July.

Aliko Dangote, the President and CEO of the refinery, confirmed the new production date to journalists at the $20 billion facility in Lagos on Monday.

The CEO Dangote said that the change in date was due to a slight delay, prompting the shift from the originally proposed June to mid-July.

According to him, the refinery will commence production of petrol between July 10 and July 15, while supply to local marketers will commence from the third week of the same month.

“We had a bit of delay, but PMS will start coming out by 10 to 15 of July. But then we want to keep it in the tank to make sure that it settles.

“So, by the third week of July, we’ll be able to come out to take it into the market,” Dangote said.