Modular refineries offer Nigeria solutions
Official support for small refineries may improve security and help the country meet both its OPEC crude production quotas and domestic product requirements
Despite the recent—albeit delayed—startup of the mammoth Dangote project, Nigeria’s modular refineries are still emerging as crucial crude oil processing facilities, with some boasting capacities of up to 30,000b/d. These units are being strategically developed as part of broader initiatives aimed at addressing the challenges of oil theft and fostering a peaceful environment in the oil-producing region of the Niger Delta. The plants require significantly lower capital investment compared with their full-scale counterparts, while their crude distillation units can still produce low-grade gasoline, diesel, kerosene and residual fuel oil. According to a report from the government’s Nigerian Con
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields