Dangote Group says it has selected UOP Technologies, a global player in the oil and gas sector to deploy advanced tech solutions to drive the Nigerian conglomerate proposed refinery in Lagos, the nation’s economic capital.
Under the terms of the deal, UOP Technologies will deliver process technology, catalysts and proprietary equipment for Dangote’s petrochemical plant to be built in Lagos.
The companies say that prompt action is needed in building the refinery to reduce Nigeria’s dependence on imported fuels and petrochemicals.
Nigeria has the second-largest amount of proven oil reserves in Africa an estimated 37.2 billion barrels, according to Oil & Gas Journal. However, the country currently imports most of its refined product requirements due to lack of domestic refining capacity.
[blockquote right=”pull-right”]“The companies say that prompt action is needed in building the refinery to reduce Nigeria’s dependence on imported fuels and petrochemicals.” [/blockquote]
“UOP has been designing state-of-the-art refineries and petrochemical plants for more than a century, so we are well-equipped to help Nigeria develop a massive new installation to meet its domestic needs,” Pete Piotrowski, senior vice president and general manager of UOP’s Process, Technology and Equipment business says.
“This project will enable Dangote to improve Nigeria’s oil refining capabilities, reduce the country’s dependence on imports, and work to revive and transform the Nigerian economy.”
The Dangote Group founded by Nigerian businessman, Alhaji Aliko Dangote, is the largest industrial conglomerate in West Africa and one of the largest in Africa.
The company has a number of interests, including cement, real estate, oil, natural gas, telecommunications, fertilizer and steel. The Group focuses on local, value-added products and services that meet the needs of the African population.
In addition to processing crude oil to produce high-quality gasoline, diesel and jet fuel that meet Euro V specifications for reduced emissions, the new facility will produce world-scale quantities of polypropylene, a key petrochemical used in plastics and packaging.
According to the terms of the pact, UOP Technologies will deliver the underlisted:
The UOP Resid Fluid Catalytic Cracking process to produce transportation fuels from crude oil. It will also supply propylene, which will be used as a feedstock for polypropylene.
The CCR Platforming process to produce high-octane gasoline blending components.
The Unicracking process to produce diesel.
The Penex process to produce high-octane gasoline.
The crude distillation unit (CDU) design, which will be provided by UOP’s alliance partner, Process Consulting Services