Dangote Group has signed two major international agreements worth a combined $750 million with XCMG of China ($400 million) and EIL of India ($350 million) to scale up its refinery and petrochemical operations.
The deals are part of Dangote’s strategy to increase refinery capacity from 650,000 barrels per day to 1.4 million barrels per day, reinforcing Nigeria’s fuel self-sufficiency and contributing to the country’s broader industrial and energy transition ambitions.
Under the agreements:
- XCMG will supply advanced construction and heavy equipment, supporting the expansion’s infrastructure and operational efficiency.
- EIL, which oversaw the refinery’s commissioning in 2024, will continue as project management and engineering consultant, ensuring continuity and technical excellence.
The expanded refinery will diversify Dangote Group’s output to include polypropylene, urea, and Linear Alkyl Benzene (LAB), positioning the conglomerate as a key supplier in Africa and globally in both fuel and petrochemical sectors.
The project is expected to boost domestic supply, reduce import dependency, and create high-skilled jobs, aligning with Nigeria’s strategic goals for industrialization and energy security.