Billionaire Aliko Dangote announces ambitious plan to build a giant oil refinery in Tanzania

During an African summit in the Kenyan capital, Nairobi, entitled “The Africa We Build,” Nigerian billionaire Aliko Dangote unveiled a plan to build a giant oil refinery with a capacity of up to 650,000 barrels per day, a capacity comparable to his flagship facility in Nigeria.

He said Dangote that His collection on ready To implement Project during a period ranges between 4 و5 years, Condition Availability environmentPolitical stable and support governmental long The term.

adoption Policies Manufacturing Local

He confirmed Dangote that model export oil raw and import Products Repeated Lost Africa Part large from Its valueEconomic Calling to adoption Policies Manufacturing Local To maximize returns. I agree with this. the proposal The one presented by Dangote A number of leaders Regionalists; so consider President Kenyan William Roto, during His word, that this style drains Opportunities the job And growth,while recipe President Ugandan Yuri Museveni That he It represents losses Structure You incur it economies African.

وHe depends The project, that no Still in phase Negotiation, on coordination Closed between governments The region especially Kenya And Uganda, wherefoot Dangote Proposed In attendance major The two countries, who Eternally support clear To head about Manufacturing and reduction Accreditation onimport fuel.

According to perception The proposal, Use refinery market regional wide include Tanzania South Sudan and republic CongoDemocracy, to side Kenya And Uganda, with Accreditation on structure Under Shared, In what in that lines pipes And the ports,To reduce Costs and strengthening Efficiency operational.

Lagos Refinery: Nigeria's Model

It represents this Orientation Extension to ascend refinery Dangote in Lagos, that She returned Positioning Nigeria in market Energy viareducing Its adoption on Imports And convert it to source growing For products Repeated. It has begun refinery actually exportquantities large from Fuel, In what in that about 1.1 one billion liter from fuel Aircraft to markets European, Please on StrengtheningSupplies market African.