Sunday, October 6, 2013
An oil refinery in Nigeria
The Africa Brief: Africa’s richest man, Alhaji Aliko Dangote, has plans to build West Africa’s largest oil refinery and petrochemical and fertilizer plants. The proposed industrial complex is expected to produce 400,000 barrels of oil per day, 2.8 million tonnes of fertilizer per year and polypropylene, a plastic polymer used in many industrial products... Although Nigeria is Africa’s top crude oil producer, the country is heavily reliant on fuel imports for 70% of its domestic needs. According to Bloomberg, Nigeria’s four refineries, which are in a state of disrepair, produce only 445,000 barrels of oil per day...
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