Dangote Signs $400 Million Equipment Deal With China’s XCMG to Speed up Refinery Expansion

A view of the Dangote refinery in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. REUTERS/Temilade Adelaja/File Photo

By Isaac Anyaogu

Nigeria’s Dangote Group has signed a $400 million equipment deal with China’s Xuzhou Construction Machinery Group to speed up the expansion of its oil refinery toward a planned 1.4 million barrels per day, the company said on Tuesday.

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by Reuters

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