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DCP ₦285.50 +1.13%
DSR ₦42.75 -1.04%
NASCON ₦38.20 +1.60%
NSE ASI 109,450.22 +0.34%
Energy & Petrochemicals

Dangote
Petroleum Refinery & Petrochemicals

Africa's largest refinery and the world's largest single-train refinery, transforming Nigeria from a fuel importer to a net exporter of refined petroleum products.

#1 Africa 7th World Largest Single-Train Nelson NCI 10.5 Euro-V Quality Operational Jan 2024
Capacity 650,000 bpd
Investment $20 Billion
Location Lekki Free Trade Zone, Lagos
Site Area 6,180 acres (2,500 ha)
NCI 10.5 (vs US avg 9.5)
Products Diesel · Jet Fuel · PMS · PP
IPO Q4 2026 — NGX + LSE
2030 Target 1.4M bpd — #1 World
650K
Barrels / Day
$20B
USD Investment
7th
World Ranking
10.5
Nelson Complexity Index
Overview

World-Class Refining
in the Heart of Africa

The Dangote Petroleum Refinery & Petrochemicals is located in the Lekki Free Trade Zone in Ibeju-Lekki, Lagos State, Nigeria. With a capacity of 650,000 barrels per day, it is the largest refinery in Africa, the 7th largest in the world, and the largest single-train refinery ever built.

The refinery processes a wide range of crude oils and produces Euro-V quality diesel, aviation fuel (jet fuel), premium motor spirit (petrol/gasoline), polypropylene and other petrochemicals. Its Nelson Complexity Index of 10.5 surpasses the US average of 9.5 and the European average of 6.5.

Since commencing commercial operations in January 2024 and reaching full capacity in February 2026, the refinery has fundamentally transformed Nigeria's fuel import dependency, turning Africa's most populous nation into a net exporter of refined petroleum products.

Products & Output

Euro-V Quality
Petroleum Products

Premium Motor Spirit (PMS)
Euro-V quality petrol for Nigeria and export to West African neighbours.
🚢
Diesel (AGO)
High-grade automotive gas oil for domestic use and export. Euro-V standard.
✈️
Jet Fuel (ATF)
Aviation turbine fuel meeting international standards for Nigeria's airports.
🧪
Polypropylene
2.4M Mt/yr with Honeywell UOP — feedstock for plastics, packaging, automotive.
🔥
LPG (Cooking Gas)
Liquefied petroleum gas for household and industrial cooking.
Marine Terminal

Integrated Marine Infrastructure

🛳️

2 Crude SPM Buoys

Single Point Mooring buoys handling vessels from Aframax to ULCC (Ultra Large Crude Carrier) — receiving crude oil from global markets.

3 Product SPM Buoys

Export terminals for refined products accepting vessels up to Suezmax class — enabling direct export to global markets.

🔧

1,100 km Subsea Pipeline

Submarine pipeline connecting the refinery terminal to offshore loading points — Africa's longest offshore pipeline infrastructure.

Vision 2030

Expansion to 1.4M bpd

In partnership with Honeywell UOP, Dangote plans to double the refinery's capacity from 650,000 to 1.4 million barrels per day by 2028 — making it the single largest refinery on the planet by processing volume.

Technology Partner: Honeywell UOP →
IPO — Q4 2026

Public Offering on NGX

Up to 10% equity offered on the Nigerian Exchange (NGX), with potential dual-listing on the London Stock Exchange (LSE). Estimated valuation: $25–30 billion. This would be Africa's largest IPO in history.

IPO Information →