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), said were “sold” but did not give details about who bought them. Based on the output from the refineries, the operations data revealed that about 907.853 million litres of petrol were produced between January and December last year, a far cry from the 14.60 billion litres required for domestic consumption, based on the national daily estimate of 40 million litres.

Nigeria has five refineries with combined capacity of 446,000 barrels per day, bpd; four of them operated by the NNPC with daily combined capacity of 445,000 bpd, and the 5th, Niger Delta Petroleum Refinery (NDPR), with a capacity of 1,000bpd. The NDPR is privately owned and devoted to only producing diesel.

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