Dangote refinery builds eight more tanks for imported crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.

A report by Africa Report has it that the refinery is ramping up its storage capacity by 6.29 million barrels, equivalent to 1 billion litres.

The report stated that the $20bn refinery is planning to stockpile imported crude oil as local supplies became unreliable.

Officials of the refinery were quoted as saying that low crude supply from the Nigerian National Petroleum Company Limited “is driving import dependence.”