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Dangote, Kenya plan to start $16bn Lamu oil refinery despite protests

The Lamu refinery is projected to process 700,000 barrels of crude oil per day and be ready by 2030, according to the project plan.

Reported · Written up by our desk · North America

Nigerian billionaire Aliko Dangote and Kenya President William Ruto are scheduled to break ground on a $16 billion oil refinery in Lamu, on Kenya's northern coast, a project expected to be East Africa's largest by processing capacity. BBC Business says the refinery is planned to process 700,000 barrels of crude oil a day and is targeted to be operational by 2030.

Ahead of the launch, local residents protested over land used for the refinery and demanded more compensation, according to BBC Business. Dangote, speaking on the BBC's Focus on Africa programme, dismissed the demonstrations and said the refinery will proceed as planned.

BBC Business reports that Dangote said the company took only the portion of land it needed from land provided by the government, disputing compensation claims made by protesters. The outlet also noted the Lamu refinery is Kenya's largest infrastructure project since independence, surpassing the $5.1 billion Standard Gauge Railway.

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