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- The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued 47 refinery licences successful 1 year
- The main enforcement of NMDPRA, Farouk Ahmed, said the licences see 47 LTE and 30 LTC facilities
- He said the combined capableness of the refineries is astir 3 cardinal barrels per time and is aimed astatine ensuring vigor security
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
The Nigerian authorities has issued 47 Licences to Establish (LTE) and 30 Licences to Construct (LTC) refineries successful 12 months.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed that the determination is important towards boosting Nigeria’s refining capableness and ensuring merchandise availability.
Source: Twitter
LTE refineries to nutrient 1.7 cardinal barrels
The NMDPRA’s main executive, Farouk Ahmed, stated this recently, saying that the 47 licences person a combined refining capableness of astir 3 cardinal barrels daily.
He said the authorization issued 47 LTE licences, amounting to 1.75 cardinal barrels per time and 30 LTC approvals totalling 1.23 cardinal barrels, adding that lone 4 plants clasp LTC with a dependable accumulation of N27,000 barrels per day.
The NMDPRA brag said that the LTC projects see five, already astatine the commissioning oregon operation stages, including the Dangote Petroleum Refinery with a 650,000 bpd-capacity.
LTC refineries to nutrient 679,000 barrels daily
Other smaller projects are AIPCC Energy’s 30,000 barrels per time installation and Waltersmith’s 2nd train, which has a 5,000 barrels per time capacity.
The Sun reports that the NMDPRA’s main highlighted the existent refining operations successful Nigeria, stating that six licenced backstage refineries and 4 nationalist ones presently nutrient 1.12 cardinal barrels per day.
Other backstage facilities lend 679,500 barrels per day, led by the mega Dangote Refinery, with a 650,000 barrels per time capacity.
Source: Getty Images
Other modular refineries are:
- Aradel (11,000 bpd), OPAC (10,000 bpd)
- Waltersmith refinery (5,000 bpd)
- Duport Midstream Limited (2,500 bpd)
- And Edo Refining and Petrochemicals Company Limited (1,000 bpd).
- Ahmed explained that publically owned refineries include:
- Port Harcourt Refinery - 445,000 barrels
- Kaduna Refinery - 110,000 barrels per day
- Old Port Harcourt Refinery - 60,000 barrels per day
Other refineries
Ahmed said:
“These developments underline our committedness to reducing dependency connected imported refined products.”The petroleum regulator main added that the ongoing efforts purpose to grow home refining capableness to boost economical maturation via occupation instauration and energy security.
The authority’s caller approvals besides see modular refineries successful Edo, Delta, and Abia states, which volition adhd 140,000 barrels per time erstwhile completed.
FG orders NNPC, NMDPRA to merchantability crude to Dangote
Legit.ng earlier reported that the Federal Executive Council (FEC) has officially directed the complete application of the collapsed naira-for-crude statement with section refineries.
The Ministry of Finance revealed this connected its X grip arsenic it provided an update connected the crude and refined merchandise income successful the naira strategy connected Wednesday, April 9, 2025.
Legit.ng earlier reported that the archetypal signifier of the naira-for-crude woody betwixt the Nigerian government, the Nigerian National Petroleum Company Limited (NNPC), and the Dangote Refinery elapsed connected March 31, 2025.
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Source: Legit.ng
