Nigeria: Dangote Refinery Eyes 1.4m Bpd in 3 Years
7 Articles
7 Articles
Aliko Dangote's oil refinery is supplying Europe with flying kerosene. Now the richest man in Africa is bringing the company to the stock market.
Nigeria: Dangote Refinery Eyes 1.4m Bpd in 3 Years
The Dangote Petroleum Refinery is eyeing accelerated delivery of its 1.4 million barrels per day expansion target by 2029, according to Vice President, Oil and Gas and Fertiliser, Dangote Industries Limited, Mr Devakumar Edwin.
The operation of the Dangote Group, which supplies fuel for European aircraft, seeks to finance multi-million-dollar expansion and expand access to stock exchange investment in a country where much of the population has very low incomes.
An already larger refinery than all the American sites combined, and yet aiming for their own Stock Exchange.... Read the article Nigeria: Dangote aims at a listing in New York after its expansion appeared first on Ocean's News.
Dangote Refinery Targets New York Stock Exchange Listing by 2029
By Adedapo Adesanya Dangote Petroleum Refinery and Petrochemicals FZE plans to list its shares on the New York Stock Exchange (NYSE) after completing the expansion of its refinery capacity to 1.4 million barrels per day. The facility, which already processes 700,000 barrels of crude a day, is raising around $1.6 billion in an initial public […]
Dangote Refinery plans New York listing after 2029 expansion
LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals FZE plans to list its shares on the New York Stock Exchange after expanding its crude-processing capacity to 1.4 million barrels per day by the first quarter of 2029. Kanyi Daily reports that Aliko Dangote, chairman of Dangote Industries Limited, disclosed the plan during the Qatar Economic […]
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