Dangote Petroleum Refinery has increased production to 610,000 barrels per day in August 2025, nearing its full capacity of 650,000 barrels per day.
According to global energy and commodity agency Argus, the refinery’s production increased to about 610,000 barrels per day this, as it intensifies efforts to reach its official nameplate capacity of 650,000 bpd.
In a podcast titled Can the Dangote Refinery Declare Victory Over Doubters? Mr Benedict George, Editor of the Argus European Products Report, stated that the plant has outperformed industry expectations by continually running at high levels into 2025.
“The Dangote refinery has been running this year more reliably and strongly than ever before. We have seen crude receipts at the refinery and therefore implied run rates growing month on month.
“In recent months, we have been looking at above 400,000 barrels per day. As of June, we were around 440,000, 450,000 barrels per day. So we are well above half of its nameplate capacity. And output is rising starkly as a result, as you can imagine. This month alone, we are looking at around 610,000 barrels per day in implied running rates,” he stated.
The Argus podcast, revealed that Dangote has become the primary gasoline price setter in Nigeria by offering aggressive pricing that frequently undercuts competitors, upending the downstream oil industry.
He claims that regional gasoline flows have started to change as a result of Dangote’s expanding output.
The refinery now sells goods to neighboring West African nations, which has disrupted operations, leading others to reroute supply to East and Southern Africa and dislodge shipments from Europe.
On the export front, Dangote made a breakthrough in June 2025, shipping 90,000 metric tons of gasoline to Asia, marking its first shipment of petrol outside of West Africa.
Meanwhile, the refinery is also aiming to achieve supply-side independence. Devakumar Edwin, Vice President of Dangote Industries, stated that the refinery plans to rely solely on Nigerian oil by the end of 2025.
Progress is already being made in this direction; in June, local producers supplied 53 per cent of the crude processed, with the remaining 47 per cent primarily coming from the United States.
The refinery at the time processed around 550,000 barrels of oil a day, with previous supplies coming from Brazil, Angola, Ghana, and Equatorial Guinea.
In July, he said the facility was expected to rely totally on Nigerian crude by the end of the year.
This development would replace hundreds of thousands of barrels a day of imported oil from the US, Angola, Brazil, and Algeria among others. It is also expected to ease foreign exchange dependence for imports.
Earlier in August, the African Export-Import Bank (Afreximbank) announced a $1.35 billion financing deal for Dangote Industries Limited, as part of a larger $4 billion syndicated credit to Africa’s leading industrial conglomerates.
The funding is anticipated to reduce its initial operational expenses while strengthening its balance sheet to support long-term growth goals.