Business

Dangote begins importing crude oil from Ghana, downplays operational concerns

For the first time, the Dangote Refinery has sourced crude oil from Ghana, reflecting its strategy to diversify supply sources. This development comes amid rising apprehensions regarding the refinery’s operational reliability.

Market intelligence firm Kpler reports that the refinery is currently operating at approximately 450,000 barrels per day (kbd), which is close to 70% of its designed capacity. This is an improvement from the 400 kbd (60%) achieved in the first quarter, although it still falls short of expectations for Africa’s largest refinery.

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Recently, the facility began using Sankofa crude oil from Ghana, characterized as a medium-sweet type with an API gravity of 29 and a sulfur content of 0.3%. In August, Dangote received shipments from five Suezmax tankers from Nigeria, two Very Large Crude Carriers from the United States, and one cargo from Ghana.

Kpler also noted the reintroduction of Brass River crude, which has been absent from Dangote’s production roster for nearly a year. This highlights the company’s efforts to broaden its supply network beyond exclusively Nigerian and American light sweet crude.

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