Audio By Carbonatix
African Refiners and Distributors Association (ARDA) has congratulated businessman, Aliko Dangote and the Dangote Group for the successful commissioning of the world-class 650,000 barrels per day refinery and petrochemicals facility in Lagos.
ARDA President and Chief Executive of the National Petroleum Authority of Ghana, Dr. Mustapha Abdul-Hamid in a news statement said while the Association continued to work alongside the African Union Commission (AUC) to harmonise fuel specifications across Africa, the Dangote Refinery was designed to produce cleaner AFRI-6 (10 ppm sulphur) fuels from the onset.
Dr. Abdul-Hamid said the refinery was a game-changer for Africa’s clean fuels journey as its start-up would reduce import of high-sulphur fuels into the continent while meeting climate commitments and reducing public health challenges.
He added that “This strategic move by the Alhaji Dangote and the Dangote Group will also assure Africa’s energy security even as the continent’s growing energy needs are met in a sustainable manner while reducing foreign exchange expended on petroleum products imports, providing employment and promoting a strong market for African crude oil on the continent amidst the global push away from fossil fuels”.
ARDA Executive Secretary and former NNPC COO Refining & Petrochemicals, Mr. Anibor Kragha also commended Alhaji Dangote and said the refinery had highlighted the viability of large-scale Downstream industry investments fundamental for Africa to refine its own crude oil and create a robust, intra-African energy market amidst the global geopolitics and energy transition concerns.
Mr. Kragha also said that successful investments like the Dangote Refinery would positively impact the petroleum products supply chain dynamics of various African countries and would be critical for the continent to develop and implement a unique, integrated, sustainable African Downstream Energy Transition Roadmap that would prioritize cleaner, low-sulphur fuels and carbon emissions reduction efforts in the near-term and mature, cost-effective renewable energy solutions later.
In November last year, an ARDA delegation including the Executive Secretary and top executives from refineries and storage & distribution companies in Senegal (SAR, SENSTOCK and Elton Oil), Cote d’Ivoire (SIR and SMB), Gabon (SOGARA) and Zambia (Indeni) as well as the Department of Hydrocarbons in the Ministry of Cote d’Ivoire and ARSE, the Downstream regulator in Niger Republic toured the Dangote Refinery site and had commended the intense efforts to bring the refinery on stream.
Mr. Kragha said “The commissioning of the Dangote Refinery about six months after the ARDA delegation visit last November served as a testimony to the vision and doggedness of the excellent Dangote team to deliver a world-class “Refinery of the Future” that prioritizes cleaner fuels and maximizes value addition via petrochemicals facilities while reducing its carbon footprint in line with global best practices.”
Latest Stories
-
The Asian Model of Development: Lessons and implications for Africa’s economic transformation
1 hour -
Two-time world champion Nana Yaw Konadu takes over as PKO Boxing President
1 hour -
National Security arrests 45 in Tamale over cross-border crime
4 hours -
Private citizen seeks injunction to halt operations of Ghana Law Society
4 hours -
Thirteen suspected illegal miners remanded by Enchi District Magistrate Court
6 hours -
Court remands man claiming a military plot to kill President Mahama
6 hours -
‘I am the only one who can unite NPP for 2028 victory’ – Dr Bryan Acheampong
7 hours -
Senyo Hosi clarifies Star Oil CEO’s controversial stance on fuel price floor
8 hours -
Trump threatens Canada with 100% tariffs if it ‘makes a deal with China’
8 hours -
Wizkid, Asake share collab EP dubbed ‘Real’
9 hours -
BoG backs $134m Access Bank-IFC deal to save LBCs from liquidity crisis
9 hours -
John Dumelo vows road safety overhaul after UniMAC student’s death on N1
9 hours -
Semenyo bags first EPL goal for new club as Manchester City brush aside Wolves
10 hours -
Eduwatch petitions Chief of Staff to stop GH¢600m foreign scholarship haemorrhage
10 hours -
Ivory Coast president appoints brother as vice prime minister
11 hours
