Dangote, Ruto Break Ground on 700,000-Bpd Lamu Refinery

CN Quick Facts

• Project: East Africa Refinery, Lamu

• Groundbreaking: Wednesday, September 30, 2026

• Capacity: 700,000 barrels per day, larger than Dangote's 650,000 bpd Lagos refinery

• Cost: About Ksh2 trillion (roughly $16 billion), financed roughly 70% debt / 30% equity

• Site: Magogoni, within the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor

• Construction timeline: About 40 months

• Commissioning target: Around 2030

• Immediate effect on pump prices: None

Aliko Dangote and President Ruto led a groundbreaking for the $16 billion Lamu refinery on 30th September 2026. Here's what it means, and doesn't yet mean, for Kenyan motorists.

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