The Dangote refinery has embarked on the construction of additional tanks to enable them save more imported crude oil.
A report from Africa Report revealed that the refinery is increasing its storage capacity by 6.29 million barrels, which is roughly equivalent to 1 billion liters.
The building of eight additional tanks will see crude storage capacity at the $20bn refinery jump by 41.67 per cent to 3.4 billion litres.
According to Devakumar Edwin, the Vice President responsible for the oil and gas sector at Dangote Industries, “Importing crude from other countries instead of buying locally means that our crude stockpiles will have to be higher.
“So we have started building eight additional crude tanks to hold a billion litres, over and above our original storage capacity. Four of them are nearing completion.”
The refinery is equipped with 20 crude storage tanks, each capable of holding 120 million liters, which brings the total storage capacity to 2.4 billion liters.
The total capacity of its refined product tanks amounts to 2.34 billion liters.
