Audio By Carbonatix
Nigeria's Dangote Refinery said on Friday that recent reductions in crude oil inflows were a strategic response to elevated global prices, not the result of operational failures.
The company made the comments during a media tour aimed at addressing concerns over crude volumes and potential outages at the facility.
Edwin Devakumar, vice president of Dangote Industries, said the refinery was adjusting crude purchases based on price fluctuations and inventory levels.
The 650,000-barrel-per-day refinery, built by billionaire Aliko Dangote, has undergone several rounds of maintenance this year, leading to reduced crude demand.
"No factory runs at 100% every day without issues," Devakumar said. "What matters is whether any problem affects final production."
He said the refinery, which began operations earlier this year, is designed for turnaround maintenance every five years, unlike older facilities that require more frequent shutdowns.
However, Reuters has recorded four separate shutdowns of the refinery’s gasoline unit this year for maintenance — an unusual frequency for a plant of its age. The company has typically declined to comment on its maintenance schedule.
Addressing recent staff dismissals, Devakumar said the company had documented 22 sabotage attempts, including efforts to start fires and tamper with equipment. He said the refinery’s fire protection and automated control systems prevented damage.
"There were attempted fire incidents — we have the dates and units documented," he said. "Some tried to break down instruments, but the system overruled them."
Sabotage is rare among local refineries, according to the Crude Oil Refinery Owners Association of Nigeria, a trade group representing domestic refiners. Nigeria’s state-owned refineries remain mothballed due to years of corruption and neglect.
Latest Stories
-
Mahama urges Ghanaians to uphold peace and reject extremism at Eid al-Adha
23 minutes -
Kobbie Mainoo should be representing Ghana – Kurt Okraku
28 minutes -
Eid al-Adha: Mahama urges youth to embrace discipline and national development values
57 minutes -
See the areas that will be affected by ECG’s planned maintenance today
1 hour -
Kwame Owusu Danso urges Sam George to focus on consumer protection in digital space
1 hour -
Restore public trust in democratic governance—Parliament urged
1 hour -
Dr Bawumia urges Muslims to embrace sacrifice, compassion and unity during Eid-al-Adha
1 hour -
Eid should be an opportunity to strengthen unity, peace – Muntaka
2 hours -
African Forest Forum, AGRA and Ethiopian Forest Development push for deforestation-free trade and green jobs
2 hours -
MoMo-to-Bank charge is not E-Levy in any form—Dafeamekpor
2 hours -
Outstanding teacher and nurse arrears to be paid in four instalments – Controller and Accountant-General
2 hours -
African Climate Foundation calls for Africa-led climate action amid growing climate threats
2 hours -
Defection as a tool of conflict: Riyadh’s movements in Sudan come to light
3 hours -
‘You are not refugees’ — Ablakwa outlines support ahead of Ghana evacuees’ arrival from SA
3 hours -
Dafeamekpor confirms Ohene Kwame Frimpong under fraud and money laundering investigation in Netherlands
3 hours