Dangote Refinery Leads Shell, and other European Refineries

With its 650000-bpd capacity, Dangote Refinery tops 10 biggest refineries in Europe, Shell’s Pernis Refinery in the Netherlands.

According to Bloomberg analysis, Dangote Refinery can refine 246000 bpd more than the leading European counterpart’s 404-bpd capacity, which ranks the highest in Europe.

The Nigerian refinery currently runs at about half of its installed capacity, as analysts at WoodMac, FGE, and Citac estimated.

BP Rotterdam Refinery in the Netherlands has a capacity of 380,000; GOI Energy ISAB Refinery in Italy, 360,000bpd; and TotalEnergies, 338,000 bpd.

Others listed in the report were the Orlen Plock Refinery in Poland with 327,000bpd; Shell’s Rheinland in Germany with 327,000bpd; Miro Refinery in Germany with 310,000 capacity; and the ExxonMobil Anterwep Refinery in Belgium with 307,000 capacity; Saras Sarroch Refinery in Italy, 300,000 capacity; ExxonMobil Fawley in England, 270,000bpd capacity.

The $20-billion complex is currently stocking and refining cheaper crude from the US which is about one-third of its input. The refinery has been shipping diesel and aviation fuels in recent times. Two more units will soon start producing petrol.

“Dangote is going to influence Atlantic Basin gasoline markets this summer and for the rest of the year,” Alan Gelder, an energy analyst, told Bloomberg.