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Home Energy Reports

Dangote Refinery Sets to Roll Out PMS

News Editor by News Editor
August 26, 2024
in Energy Reports
0
Dangote Refinery Sets to Roll Out PMS

In a significant development for Nigeria’s energy sector, Dangote Petroleum Refinery and Petrochemicals is set to begin production of premium motor spirit (PMS), popularly known as petrol.

The announcement was made by Mr. Devakumar Edwin, Vice President for Oil & Gas at Dangote Industries Limited, during a tour of the refinery complex by the League of Engineering Bodies, including the National Society of Engineers (NSE), the Nigerian Academy of Engineering (NAE), the Association of Consulting Engineering in Nigeria (ACEN), and the Council for the Regulation of Engineering in Nigeria (COREN).

According to Edwin, “We are preparing to roll out our petrol any moment… The commencement of petrol production will complement the current products at the refinery, stimulate local supply of the vital product to Nigerians, and save huge foreign exchange revenue for the country.” Although a specific date was not provided, the company’s readiness to start production is a positive indication for the Nigerian economy.

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READ ALSO: Nigeria Urged to Ban importation Of Barite, Other Minerals Produced Locally

Edwin also addressed concerns about the company’s alleged monopoly in the industry, stating, “Someone had to start a project before others would follow… Nigeria was one of the largest importers of cement. Then, we started manufacturing cement and then we became exporters; same thing applies to sugar, salt, and now fertiliser. This breakthrough opened the doors for other investors in those industries and Nigeria is better for it.”

He further emphasized Dangote’s commitment to the Nigerian economy, saying, “What motivates Mr. Dangote is his sheer interest in the Nigerian project. Every money Dangote is making goes back to the Nigerian economy – from cement to salt, sugar, and fertiliser.”

Technical Consultant to Dangote Refinery, Babajide Soyode, expressed pride in the project, saying, “Aliko Dangote is harder than the project itself… His corporate vision is to meet the need of the people. It is the greatest honour of my life to be part of this project.”

The League of Engineering Bodies in Nigeria hailed the facility as “mind-blowing”, with the 34th and first female President of the Nigerian Society of Engineers, Margaret Oguntala, describing it as “a huge scale of engineering structures”.

The visit showcased the refinery’s state-of-the-art technology, strategically located marine infrastructure, and commitment to minimizing energy costs and environmental impact.

Tags: Dangote Refinery
News Editor

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SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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