News
Four modular refineries complete construction, ready for operation soon– Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva says the modular refinery programme to boost local production of crude oil in the country is on course. Some of the refineries are Waltersmith Refining & Petrochemical Company Limited with 5,000 barrels per day (BPD), OPAC Refineries, Niger Delta Petroleum Resources (Train 3), Edo Refinery and Petrochemical Company limited and Lowrie Refinery Limited. Other licensed refineries include Excel Refinery Limited in Bayelsa state, Conodit Refinery Nigeria Limited, Duport Midstream, Duport Midstream in Delta State, Clairgold Oil & Gas Engineering Limited, Ogini Refinery Limited, Etopo Energy Plc and Gasoline Associates International Limited, Also, NPDC/ND WESTERN OML 34 JV, Frao Oil Nigeria Limited, Kingdom Global Trading Petroleum & Gas Nig. Ltd. Resource Petroleum & Petrochemicals International Incorporated, Gazingstock Petroleum Company Limited and Amakpe International Refineries Limited, Atlantic International Refineries and Petrochemical Limited, Azikel Petroleum Limited, Allegiance Energy and Power Limited, Alexis Refinery Limited and Dangote Oil Refinery Company.
Of the 23 refineries, Waltersmith Refining and Petrochemical company had completed construction and has been commissioned by President Muhammadu Buhari, OPAC refinery has completed Construction and Plant at Commissioning Stage, while Niger Delta Petroleum Resources has also completed Construction completed and Commissioning ongoing. Also, the Dangote oil refinery company plant overall Installation has gone above 80.3 per cent and Edo refining and Petrochemical company has completed Construction and Plant at Commissioning Stage.
Sylva said this in an interview in Abuja. He said that federal government had licensed a good number of modular refineries and some of them had already started operating effectively. Modular refinery generally refers to a simple or complex refinery whose parts are fabricated or constructed in several component parts or units called modules. These modules can then be assembled easily to form the plant. Furthermore, they can be transported in modules across distances and put together at the location desired.
“Modula refineries, we have licensed quite a bit. I am not in a position to give you an exact figure now but I know that the few of these refineries are under construction and very soon, we will be commissioned. You know that last year, we commission the Waltersmith which is functioning well and since then I have also laid foundation stone for Atlantic refinery and there is Niger Delta own that is ongoing, one almost ready to be commissioned in Port Harcourt and there are quite a few. That programme is on course,’’ he said. The Minister said that the WalterSmith Petrochemical Refining Company with 5000 barrels per day are currently producing very comfortable and had no problems. “The Atlantic is not finished yet, they are very much on course to finish construction by first quarter of next year and there are others that are ongoing,’’ he said Department of Petroleum Resources (DPR) said that Federal government had as at March 2021 licensed about 23 refineries in the country

-
Oil and Gas1 day agoOil prices drop 5% to three-week low after Trump cancels attack on Iran
-
Oil and Gas1 day agoNNPC remits N6.286trn into federation account between January and June 2026, issues another tender to sell Cawthorne crude
-
News1 day agoNESG appoints Engr. Adeleye Falade, FNSE to its board
-
News1 day agoBreastfeeding can improve Nigeria’s economy—Commissioner
-
Economy1 day agoEBID, CORIS Holding sign 80m euro financing agreement to strengthen food, energy, agric value chains in West Africa
-
News2 hours agoDisCos metered 227,559 customers in 2 months— NERC
-
Stock Market1 day agoNGX All-Share Index advanced by 0.18%, capitalisation increased by 0.18% to N158.61trn
-
News2 hours agoTinubu approves salary increases for armed forces personnel
