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  • Aliko Dangote to Build 1.6 Million Barrel Fuel Storage in Namibia to Supply Southern Africa

    Nigeria’s Dangote Petroleum Refinery plans to construct large-scale fuel storage tanks in Namibia’s Walvis Bay capable of holding at least 1.6 million barrels of gasoline and diesel, to supply refined fuel to Southern Africa.

    The planned storage facilities will support the export of fuel products from Dangote’s $20 billion refinery in Lagos, the largest in Africa, which began operations in 2023.

    The storage tanks will serve as a regional distribution hub for landlocked countries including Botswana, Zambia, and Zimbabwe, helping to reduce dependency on fuel imports from Europe and Asia.

    The Dangote Group has not publicly disclosed the project timeline or investment cost for the Namibian storage facility, but local authorities anticipate that the project will be operational within the next 18 to 24 months.

    #jaconna #jajiotheteacher #JTT #namabia #africa
    Aliko Dangote to Build 1.6 Million Barrel Fuel Storage in Namibia to Supply Southern Africa Nigeria’s Dangote Petroleum Refinery plans to construct large-scale fuel storage tanks in Namibia’s Walvis Bay capable of holding at least 1.6 million barrels of gasoline and diesel, to supply refined fuel to Southern Africa. The planned storage facilities will support the export of fuel products from Dangote’s $20 billion refinery in Lagos, the largest in Africa, which began operations in 2023. The storage tanks will serve as a regional distribution hub for landlocked countries including Botswana, Zambia, and Zimbabwe, helping to reduce dependency on fuel imports from Europe and Asia. The Dangote Group has not publicly disclosed the project timeline or investment cost for the Namibian storage facility, but local authorities anticipate that the project will be operational within the next 18 to 24 months. #jaconna #jajiotheteacher #JTT #namabia #africa
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