Nigeria's $19 Billion Mega-Refinery Launches, Promises Fuel Self-Sufficiency and Energy Export Hub

The new Dangote Refinery has launched in Nigeria with a capacity of 650,000 barrels per day, hoping to end the country's reliance on fuel imports.
The refinery cost $19 billion to build and still has $2.75 billion in outstanding debt but is projected to transform Nigeria into a net exporter of petroleum products.
The refinery needs a steady supply of crude oil to operate but Nigeria's oil production has been declining due to theft, pipeline vandalism, and underinvestment.
The refinery is expected to end Nigeria's gas shortage, reshape the region's gas market, and boost supplies across Africa.
Tens of thousands of new jobs are projected to result from the launching of the refinery.