In Nigeria, one of the largest refineries in the world will be built



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The richest man in Africa, billionaire Aliko Dangote, plans to build in Nigeria one of the largest oil refineries in the world by 2020. The cost of project is $ 10 billion

Interfax-Ukraine reports.

Read also: In Nigeria, an oil tanker exploded at the wheel: many dead and wounded

It should be noted that the refineries will be located next to the economic capital Nigeria – Lagos

D & # 39; here in mid-2020, when the company is operating at full capacity, it will process 650,000 barrels of oil a day, said the executive director of Dangote Industries Ltd. Edwin Devakumar

It is always difficult for people to believe that we can do everything on time and in the budget. But I think we can. Projects of this magnitude have so far been few. It's huge,
– said Devakumar in an interview with Bloomberg.

The expected volume of gasoline production – about 50 million liters per day. The relationship between petroleum products may vary depending on current demand, Devakumar said.

Nigeria currently consumes about 35 million liters of gas a day, so the surplus will be exported first.

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