Ghana to import petrol from Dangote Refinery

The Ghanaian government has said it has plans to import petrol into the country from the Dangote Refinery.

The West African country noted that a proposal had been pushed by the National Petroleum Authority (NPAG) of Ghana to import from the refinery and boost its energy security and sustain business cooperation with neighbours.

The development was communicated by Dr Mustapha Abdul-Hamid, Chief Executive Officer, NPAG, at the 2024 OTL Africa Downstream Energy Week on Tuesday in Lagos.

According to him, this move if implemented will help strengthen Ghana’s energy security, while deepening regional economic cooperation.

The 2024 OTL, 18th edition, has the theme ‘Alliances for Growth’.

The agreement with Dangote Refinery, will reduce the country’s more costly imports from Rotterdam.

He said that Ghana had also expanded its export agreements to include Burkina Faso, Mali, and Niger, supplying international operational facilities, including U.S. military bases.

“The Dangote Refinery, with its large-scale output, is expected to meet Nigeria’s domestic demand, enabling excess production to be exported to Ghana,” he said.

Abdul-Hamid cited an example of Ghana’s pipeline agreement with Burkina Faso as a model of effective regional cooperation to bolster petroleum supply and security, while calling for stronger regional partnerships.

He stressed the importance of a unified currency, enhanced infrastructure, and collaborative efforts to address West Africa’s energy challenges.

Although Dangote’s operation started on a controversial state in Nigeria especially in respect to its dealings with the Nigeria National Petroleum Company Limited, it is still fallen back to as a major source of refined petroleum supply in its home country, Nigeria.

Dangote Refinery

The Dangote Refinery is a 650,000-barrels-per-day (bpd) integrated refinery and petrochemical complex located in Lekki, Lagos, Nigeria.

Valued at $19 billion, it is Africa’s largest refinery project and one of the world’s largest single-train refineries.

The refinery, owned by Aliko Dangote’s Dangote Industries Limited, aims to reduce Nigeria’s dependence on imported petroleum products, meeting the country’s fuel demands and exporting surplus to other African nations.

Upon completion, the refinery will process crude oil into various petroleum products, including gasoline, diesel, jet fuel, and fertilizers.

Once operational, the Dangote Refinery is expected to transform Nigeria’s energy landscape, boosting economic growth and development.

The project has created over 30,000 direct and indirect jobs during construction and will employ thousands more upon completion.

The refinery’s production capacity will also help Nigeria save billions of dollars annually on fuel imports.

Additionally, the refinery’s proximity to the Lekki Deep Seaport will facilitate easy export of petroleum products to international markets.

With its strategic location and massive production capacity, the Dangote Refinery is poised to become a game-changer for Nigeria’s energy sector and the African continent.

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