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Dangote Refinery to Establish Large-Scale Fuel Storage Facility in Namibia

Dangote Petroleum Refinery is expanding its regional distribution network with plans to establish a major fuel storage facility in Walvis Bay, Namibia, according to company sources. The planned site will house tanks capable of storing up to 1.6 million barrels of gasoline and diesel for export across Southern Africa.

ALSO READ: Aliko Dangote Retires as Chairman of Dangote Sugar Refinery After Two Decades

The facility is intended to serve landlocked countries including Botswana, Zambia, Zimbabwe, and parts of the Democratic Republic of Congo. Positioned along key shipping routes, Walvis Bay is expected to strengthen logistical efficiency and reduce fuel transport times for regional markets.

ALSO READ: Dangote Cement Declares N30 Dividend Following Strong FY 2024 Performance

According to the refinery’s export unit, the move is part of Dangote’s broader strategy to support intra-African trade as it ramps up fuel exports from its 650,000 barrels-per-day plant in Nigeria. The project is also seen as a critical step in meeting supply demands beyond the domestic market.

While specific construction timelines and investment details are yet to be announced, industry analysts note that the project reinforces Nigeria’s growing footprint in the continental petroleum trade and supports regional energy security objectives.

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