The NMDPRA announcing this on its official X handle page, listed the proposed refineries issued operational licenses to include Eghudu Refinery Ltd in Edo state with a 100,000 barrel per day refining capacity , MB Refinery and Petrochemicals Company Ltd license to establish a 30,000 barrel per day refinery in Delta State, and a 10,000 barrel daily production refinery issued to HIS Refining and Petrochemical Company Ltd. in Abia.
Upon completion, the three proposed refineries will have a combined refining capacity of 140,000 barrels per day.
The statement read: “The Authority Chief Executive, Engr. Farouk Ahmed presented a License to construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta state, and a License to establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia state.
“These Licenses, which would add 140,000 barrels per day to Nigeria’s domestic refining capacity, were presented to the MDs of the companies.”
The issuance of operational licenses to the three proposed refineries, brings to eleven , the number of local refineries in the country since President Bola Ahmed Tinubu came on board on May, 29, 2023
Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that Nigeria has nine operational refineries, which include the Dangote Petroleum Refinery and Petrochemicals FZE, the Warri Refinery and Petrochemical Company, the Kaduna Refinery and Petrochemical Company, and the Port Harcourt Refinery Company Limited
Others are the Aradel Refinery, OPAC Refineries, Waltersmith Refinery and Petrochemical Company, Duport Midstream Company Limited, and the Edo Refinery and Petrochemical Company.
These refineries have a combined refining capacity of 974,500 barrels per day, with the Dangote refinery having the largest capacity of 650,000 bpd. However, the majority of the refineries are not producing at full-scale
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