October 02, 2024 17:07 GMT
REFINING: Dangote's Biggest Issue is Crude Supply: Kpler
REFINING
Nigeria’s Dangote refinery is struggling with crude intake according to Kpler. Its supply model shows the refinery is operating its CDU at only 40% capacity due to insufficient crude oil supply and with a high reflux rate in the distillation column - something not sustainable in the long term.
- The highly anticipated RFCC unit -essential for high volume gasoline production - has been commissioned and its stabilisation process is currently in progress.
- Dangote began supplying gasoline domestically on September 15, but there have been no updates regarding gasoline exports.
- Kpler estimates the Dangote catalytic reformer is operating at an estimated 50% utilisation rate and is expected to produce around 45 kbd of reformate.
- Dangote gasoline production could potentially reach up to 80 kbd in October Kpler estimates.
- The key factor impacting Dangote is reliable crude supply.
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