Is there any private refinery in Nigeria?
Is there any private refinery in Nigeria?
The Nigerian National Petroleum Corporation (NNPC) Monday said there is no going back on acquiring equity in six private refineries which are being developed in the country. The state oil firm said acquiring equity in the private refineries is important for national energy security.
How many refineries are in Nigeria?
Petroleum Refineries and Petrochemicals There are currently five (5) refineries in Nigeria; of which four (4) plants are owned by the Nigerian Government through the Nigerian National Petroleum Corporation (NNPC), while the fifth is owned and operated by Niger Delta Petroleum Resources (NDPR).
Who owns the biggest refinery in Nigeria?
the Dangote Group
The Dangote Refinery is an oil refinery owned by the Dangote Group that is under construction in Lekki, Nigeria. When complete, it will have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world.
How do I get a refinery license in Nigeria?
Required Documents[edit]
- Proof of registration with CAC.
- Legal documents of partnership (if any)
- Memorandum and Articles of Association (certified true copy)
- Evidence of joint venture/partnership Agreement.
- Profile of the company.
- Three (3) years Audited Account.
- Tax Certificate (Nigerian companies)
Who built Warri Refinery?
General Yakubu Gowon
Former Head of State, General Yakubu Gowon (retd), said yesterday, that his government built three refineries, the ones in Port Harcourt, Warri, Kaduna for domestic consumption and had planned to build more refineries to export refined products, instead of giving the crude to various countries.
Who owns Dangote refinery?
Dangote Group
The Dangote Fertiliser complex consists of Ammonia and Urea plants. President of Dangote Group, Aliko Dangote, said the refinery will start processing crude in the third quarter of 2022, as mechanical work on the project is completed, while hydro testing (at 70 per cent) is almost completed.
How much does a modular refinery cost?
The capital outlay for any 100,000-barrel per day (bpd) refinery is about $1.5 billion or more, while a 24,000 bpd modular refinery is roughly $250 million.
Where is the second largest oil refinery in Nigeria?
Warri Refinery is located at Warri, Delta State and it is the second highest oil refinery in Nigeria in terms of plate capacity. This refinery was established in 1978 with a capacity of 100,000 barrels per day.