Nigeria's Dangote Refinery Secures $2.5 Billion Expansion Financing, Aims to Double Capacity by 2028

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智通财经2026/07/27 04:36

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According to reports from Sputnik News Agency, Nigeria's Dangote Refinery has successfully raised 2.5 billion US dollars in funding, which will be exclusively used for the expansion project of its Lekki Refinery.
According to the plan, the expansion project is expected to be completed by 2028, by which time the refinery's daily crude oil processing capacity will increase significantly from the current 650,000 barrels to 1.4 million barrels, effectively doubling its production capacity.

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Nigeria's Dangote Refinery Secures $2.5 Billion Expansion Financing, Aims to Double Capacity by 2028

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