Nigeria: OPEC Harps On Importance of Dangote Refinery to Global Stability

The Organisation of the Petroleum Exporting Countries (OPEC), is upbeat at the prospect of the Dangote Oil Refinery, in driving world crude oil refining capacity increase especially in Africa by 2020.

OPEC, in the current edition of its World Oil Outlook (WOO), said the Dangote Refinery, which is the first privately-owned and operated refinery in Nigeria, will refine about 650,000 barrels of crude oil per day at installed capacity.

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