Africa’s largest oil refinery, Dangote Refinery, has postponed the production of premium motor spirit (PMS), commonly known as petrol, from June to mid-July. Aliko Dangote, the President and CEO of the refinery, confirmed this new production date to newsmen at the $20 billion facility in Lagos on Monday.
Dangote stated that the delay prompted the shift from the originally proposed June date to mid-July. The refinery will commence petrol production between July 10 and 15, with supply to local marketers starting in the third week of July.
“We had a bit of delay, but PMS will start coming out by 10 to 15 of July. But then we want to keep it in tank to make sure that it settles. So by the third week of July, we’ll be able to take it into the market,” Dangote said.