We have one million tonnes of polypropylene and we too have a base oil production that will furnish,” he said.
Dangote continued said the refinery would have the capacity to supply a important proportion of jet fuel consumed in Europe and the United Kingdom.
He said the project would construct on the recognize gained from the Dangote Refinery in Nigeria, notably in supplying petroleum products during periods of address disruption.
“We will deliver at least 20 per cent of jet fuel consumed by Europe and UK,” Dangote said.
He added that the Nigerian refinery had played an important role in supporting fuel supplies during the recent energy crisis in Europe.
“Like what we did during this crisis, if not owing to the detail that of the refinery, a lot of people wouldn’t have had the opportunity to go on summer holiday in Europe,” he said.
According to the businessman, the Kenyan project is not just an investment in refining infrastructure but is intended to establish a broader industrial ecosystem approximately the energy sector.
“We are not here merely to create tanks, pipelines, processing units and jets. President and our other respected presidents, my brother Prime Minister Abiy, I desire to assure you we will come fund here and commission this refinery in 40 months from currently,” he said.
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The refinery is designed to oversee virtually 700,000 barrels of crude oil per day, according to Dangote, placing it amid the important refining projects planned for the African continent.
Beyond refining crude oil, the project is expected to generate regarding 1,000 megawatts of electricity, which Dangote said would be twice the contemporary power generation capacity of Lagos.
“We have 1,000 megawatts that we are going to generate here. We are here to assistance create an industrial ecosystem,” he said.
Dangote said the feel of developing the refinery in Nigeria showed that huge-scale energy projects could stimulate the growth of linked industries and businesses.
He listed energy, petrochemicals, logistics, engineering, marine services, manufacturing, skills development, technology and small and medium-sized enterprises in the midst of the sectors expected to advantage from the project.
“This will offer birth to an industrial zone, an ecosystem of energy, petrochemicals, logistics, engineering, marine services, manufacturing, skills, technology, limited and medium-sized enterprise and thousands of opportunities for community across the value chain,” he said.
President of Dangote Collection, Aliko Dangote, has said the proposed $16 billion East African oil refinery in Kenya will be completed and commissioned before the finish of 40 months.
Dangote made the commitment on Wednesday whereas officially flagging off the construction of the refinery, which is expected to become a important energy and industrial hub in East Africa.
Addressing dignitaries at the ceremony, including heads of government and other African leaders, Dangote assured that the project would be completed during the projected timeframe.
“Mr.
Source: Dangote: East African Refinery In Kenya To Be Commissioned In 40 Months
