Category Archives: Refinery

Refineries to begin operations April – NNPC

The Nigerian National Petroleum Corporation (NNPC) has said Nigeria’s refineries would resume refining crude oil for local consumption within the month of April to help address the current fuel scarcity, Daily Trust reports. While speaking to reporters after inspecting some petrol stations in Abuja Sunday, the Group Executive Director/ Chief Operating Officer (COO), NNPC (Downstream),…
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Private firms to add 1.4mbpd to Nigeria’s refining capacity

The Department of Petroleum Resources (DPR) has said that licensed private refineries in the country have proposed combined refining capacity of 1,429,000 barrels of crude oil per day, while stressing that it has not withdrawn the license of any private refinery in the country, ThisDayreports. DPR stated that there were currently 25 private refinery licenses…
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FG tells 23 modular refineries licensees to give status reports

The Federal Government has summoned 23 companies licensed to establish (LTE) Modular Refineries, to  report on progress made so far, BusinessDay reports. The status report, according  to a source close to the Department of Petroleum Resources (DPR) wouldenable it make informed decisions on the companies and determine how to encourage this group of investors. Currently there…
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Nigerian refineries received 9.5m barrels of oil last year

Data from the Ministry of Petroleum Resources has shown that three of Nigeria’s five operational refineries received about 9.5 million barrels of crude oil in 2015, but processed about 7.2 million barrels, Daily Independent reports. This leaves a shortfall of about 2.3 million barrels that were not processed, which the Nigerian National Petroleum Corporation (NNPC),…
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