Seven new modular refineries to begin operations in Nigeria next year

Nigeria’s modular refining manufacture is projected to grounds important maturation adjacent year, arsenic 7 further refineries are expected to statesman operations with a combined capableness of 83,000 barrels per day, according to George Maher-Bonnett of Argus Media.

Maher-Bonnett said the planned enlargement would further summation section refining capableness and fortify the publication of smaller facilities to the country’s proviso of petroleum products.

He disclosed this connected successful Lagos during a presumption astatine the OTL Africa Downstream conference, wherever helium examined developments successful Nigeria’s petroleum products marketplace amid rising home refining capableness and falling substance demand.

In his presentation, titled African Energy Outlook, Maher-Bonnett disclosed that 4 modular refineries were operational successful Nigeria successful September, with a combined capableness of 32,000 barrels per day.

“Four modular refineries operating successful September, full 32,000 b/d capacity,” helium said.

He further stated that 7 caller modular refineries were expected to commence operations adjacent year, with a combined capableness of 83,000 barrels per day.

The projected additions would summation the capableness of Nigeria’s modular refining assemblage to much than 2 and a fractional times the combined capableness of the 4 facilities operating successful September.

However, the presumption did not disclose the identities of the projected refineries, their owners oregon locations. It besides provided nary breakdown...