- The Nigerian government has published a list of private refineries with a valid permit to operate in Nigeria
- As of August 2021, the number of valid refinery project licences stood at 71, with a total capacity of 1.28 million barrels per day (bpd)
- According to data from the now defunct Department of Petroleum Resources at least 60.5% of the firms are currently inactive
Nigeria refining its own oil may still be a long way off, since many of the oil firms with refinery licences are yet to begin operation.
According to the most recent statistics from the now-defunct Department of Petroleum Resources (DPR) on the status of refinery licenses as of August 2021, there are a total of 71 refinery licenses and approvals awarded, of which 43 are currently not in use.
Nigeria's unemployment figures worsen as report reveals list of 50 Companies to have shut down in 5yrs
The license and approval granted by categories are License to Establish (LTE), Approval to Construct/Relocation (ATC/R), and License to Operate (LTO).
The names of the 46 companies with refineries dormant refineries despite licenses/approval to operate are Platinum Hydrocarbon Resources Ltd, Mondonat Nigeria Ltd, Hydro-skimming Plant, Southfield Petrochemical & Refinery Ltd, Don Mac Ltd, Shepha Petroleum & Petrochemicals Company Limited, Associated Worldwide Company Limited, All Grace Energy Limited.
PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app
Others are; Kainji Resources Limited, Aiteo Energy Resources Limited, Epic Refinery & Petrochemical Industries Limited, Masters Energy Oil & Gas Limited, Cross Country Oil & Gas Limited, Grifon Energy Limited, Sifax Oil & Gas Company Limited Capital Oil & Gas Industries Limited Green Energy International Limited.
The list also include; Chyzob Oil & Gas Limited, Ibafon Oil & Gas FZE Refinery Limited, Owena Oil & Gas Limited, Tonwei Refinery, NSP Refineries & Oil Services, Rehoboth Natural Resources Dev. Limited, Conodit Refinery Nigeria Limited, Niger Delta Petroleum Resources and, Petrochemical Limited, RG Shinjin Petrochemicals Limited. Jil-Amber Consortium Dee Jones Hi-Rev Oil Limited
Starex Petroleum Refinery Ltd, Eko Petrochem & Refining Company Limited, Petrolex Oil & Gas Limited, Ikwe-Onna Refinery Ltd, Rivgas Petroleum & Energy Limited, Clean Waters Refinery, , Southwest Refineries and Petrochemicals Co. Limited, Obat Refinery Limited, Antonio Oil Company Limited, and Sapele Petroleum Limited
NNPC reveals when Nigeria will stop importing petrol
In a similar story, legit.ng revealed that the Nigerian National Petroleum Corporation promised importation of petrol will stop immediately.
Dangote Refinery kicks off operations This was revealed by Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation.
According to him, now has a venture that would ensure the production of millions of litres of petrol in the country.