Refinery: Dangote, Nigeria Owner: Dangote Group Overall capacity: 650,000 b/d Notes: Nigeria’s Nigerian National Petroleum Corporation will supply 300,000 b/d of crude to the 650,000 b/d Dangote oil refinery, which is now under construction, to bolster domestic fuel supply and guarantee outlets for its crude, the company’s group managing director said Aug. 25. This comes a few weeks after the Nigerian government approved a bid by NNPC to acquire a 20% stake in the Dangote project. “We will have a right to 20% of production from this facility. We structured our equity participation on the basis that the refinery must buy at least 300,000 b/d of crude oil of our production,” Mele Kyari said in a statement. “This guarantees our market at a period when every country is struggling to find markets for their crude oil.” Nigeria […]