Dangote buys 4,000 more machines for refinery expansion

Summary

Dangote Industries says it has added 4,000 pieces of construction equipment for the expansion of its Lekki refinery.

Highlights

• The company says the new purchases bring its construction fleet to 6,500 machines.
• Group Vice President Devakumar Edwin disclosed the update during a tour of the refinery in Ibeju-Lekki, Lagos.
• Edwin said the refinery is being expanded to 1.4 million barrels per day.
• He said the company first bought 2,563 pieces of equipment after contractors said they lacked the capacity for the main factory buildings.
• Edwin said Dangote opted to buy its own equipment instead of relying on foreign EPC contractors to reduce project costs.