DangoteGroup secures $400M deal with XCMG to expand Nigeria's largest refinery to 1.4M bpd, becoming world's biggest
Dangote Group has signed a $400 million agreement with XCMG Construction Machinery Co., Ltd. to acquire advanced construction equipment for the expansion of its Petroleum Refinery & Petrochemicals from 650,000 to 1.4 million barrels per day (bpd). This will position the refinery as the world's largest, significantly boosting Nigeria's industrial capacity.