700,000 BPD Milestone & Vision 2030: Inside Africa's Mega Refining Engine

OPERATIONAL MILESTONES & CAPACITY EXPANSION Located in the Lekki Free Trade Zone near Lagos, the Dangote Refinery has shattered operational expectations by sustaining 700,000 barrels per day (bpd) of throughput as of mid-2026, officially outperforming its initial nameplate capacity of 650,000 bpd.

By meeting nearly 80% of domestic premium motor spirit (PMS) demand and generating substantial export volumes of Jet A-1 aviation fuel, automotive gas oil (diesel), and polypropylene, the refinery has transformed Nigeria from a perpetual fuel-importing nation into Sub-Saharan Africa's primary net energy exporter.

FEEDSTOCK SECURITY & PRODUCT SLATE Feedstock sustainability is secured through bilateral crude allocations from NNPC under the Naira-for-Crude framework as well as transparent spot tender procurements. For October 2026 alone, the refinery committed to purchasing over 16 million barrels of Nigerian crude blends (Bonny Light, Forcados, and Qua Iboe), averaging approximately 520,000 bpd in direct domestic crude utilization.

Annual Product Yield Capacity: • Premium Motor Spirit (Gasoline): 10.4 Million Metric Tonnes • Automotive Gas Oil (Diesel): 4.6 Million Metric Tonnes • Dual Purpose Kerosene / Jet A-1: 4.0 Million Metric Tonnes • Polypropylene & Petrochemicals: 690,000 Metric Tonnes

VISION 2030: DOUBLING DOWN ON CONTINENTAL SUPREMACY Under Dangote Industries' strategic 'Vision 2030', the conglomerate aims to surpass $100 billion in group-wide annual revenues. The refinery represents the core engine of this target through two major expansion pillars:

1. Domestic Phase II Expansion ($14.3 Billion): Doubling domestic refining capacity to 1.4 million bpd by 2030, which will cement the complex as the undisputed largest petroleum refinery on the planet. The upgrade incorporates Euro VI fuel desulfurization units and a 750,000-tonne propane dehydrogenation plant. 2. Pan-African Refining Footprint ($16-17 Billion): Development of a 700,000-bpd sister coastal refinery in Lamu, Kenya, offering equity consortium stakes to East African governments (Kenya, Ethiopia, and Rwanda) to anchor regional distribution across the East African Community.