Africa’s largest refinery, the Dangote refinery has refuted claims of its shutdown, branding the reports as false and misleading.
According to the company, production remains “ongoing, stable and uninterrupted.”
The disclaimer comes amid reports that the refinery was shutting down, prompting fears of fuel price increment across the country.
However, in a statement, management of the refinery described the reports as unverified, urging Nigerians to disregard them.
“Reports suggesting a shutdown are false and misleading. Nigerians are advised to disregard unverified claims and rely on credible information.”
The company clarified that it is supplying between 40-50 million litres of Premium Motor Spirit (PMS) daily with a fixed production 50 million litres of PMS on January 4.
Addressing maintenance concerns fuelling fears of a shutdown, the Dangote refinery noted that it carries out routine maintenance on specific units which does not affect “overall output.”
The refinery is Africa’s biggest with crude processing capacity of 650,000 barrels per day and has the potential to reshape global fuel trading dynamics by creating a new swing supplier in the Atlantic Basin.
