Aspen Technology Inc., Dangote Oil Refining Co sign multi-million dollar software contract

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SUN, NOVEMBER 12 2017-theG&BJournal-Aspen Technology Inc., Bedford, Mass and Dangote Oil Refining Company has signed a multi-million dollar contract for high technology software installation for the 650,000-b/d grassroots integrated refining complex now under construction in Lekki Free Trade Zone in Lagos State, Nigeria.

According to a Dangote refining Co. Executive, the software, which is top of the range, will be deployed for economic and operational planning at the multi-purpose refining complex and Aspen Technology is expected to deliver its proprietary Aspen PIMS-AO software to streamline feedstock selection, product-slate optimization, and production planning at the refinery.

The refinery which is projected to be 1.5 times the capacity of all the existing four refineries in the country from inception will use Aspen PIMS-AO software to report refining economics as well as to determine ongoing product-slate and feedstock selection for the plant following its scheduled startup in 2019.

The $11 billion integrated complex on completion is expected to help ease Nigeria’s expenditure on refined petroleum products. The country spent N2.59 trillion for import of petroleum products in 2016, according to the Nigeria Bureau of Statistics in 2016.

The Dangote Refinery is built to accommodate a 650,000-b/d crude distillation unit, a 3.6 million-tonne/year polypropylene plant, a 3 million-tpy urea plant, and gas processing installations to accommodate 3 bcfd of natural gas that will be transported through 1,100 km of subsea pipeline to be built by Dangote Industries Limited. The complex will also be equipped to produce 33 million tpy of petroleum products, including gasoline, diesel, kerosine, aviation fuel, and other petrochemicals.

 

DCSL 90X780

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