Yesterday, Monday (July 29) was historic for Dangote refinery, as China’s leading energy and chemical company announced that a completed atmospheric tower which is the world’s largest is on its way to the shores of Lagos in Africa’s biggest economy, Nigeria.
The tower is set to be installed in the Dangote Refinery, a facility owned by Africa’s richest man, Aliko Dangote. The wharf carrying the tower left in Ningbo and is set arrive in Nigeria in weeks.
According to experts, the primary purpose of the atmospheric distillation tower is to separate crude oil into its components (or distillation cuts, distillation fractions) for further processing by other processing units.
Dangote disclosed in an interview with Reuters News Agency in 2016 that the country’s first private oil refinery was estimated at a cost of $12 -14 billion dollars with the funds to be pooled from multiple sources.
The 2019 date to start operations had largely been thought of as unfeasible by a number of industry watchers. With critical machinery coming on stream, it is believed that work could be nearing completion.
The refinery, which would be complemented by petrochemical, gas & fertilizer projects is located at the Lekki Free Zone (LFZ) in Lagos, the country’s commercial capital.
The former governor of Lagos said about the facility in 2016: “Firstly, there is a refinery project that is ongoing, second there is a petrochemical project that is also ongoing.
“There is pipeline transfer project that brings gas from Bonny down to Olokonla and down to Lekki and then the fourth one is the fertilizer project all in one location.”