Dangote refinery cuts petrol unit by 34% as exports fall.
Nigeria’s Dangote refinery has reduced operating rates at its main gasoline-producing unit by 34%, raising concerns about fuel supply and export volumes at a time when global oil markets are already under pressure.
The affected the Residual Fuel Catalytic Cracking Unit, RFCCU converts heavy refinery residues into valuable fuels including gasoline.
Gasoline exports from the refinery have fallen from 81,000 barrels per day in April to 10,000 barrels per day so far in June
This Africa’s largest refinery has a nameplate for it's capacity of producing 700,000 barrels per day.
The Dangote refinery has reduced operating rates at its key petrol-producing unit by 34% since May 21.
The disruption comes as oil markets face renewed pressure from conflict in the middle east.
Industry monitor IIR Energy said the refinery’s Residual Fluid Catalytic Cracking Unit (RFCCU) is expected to return to full rates by mid-June after repairs to a flue gas slide gate valve.
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