NMDPRA points licenses for brand spanking new refineries in Edo, Delta, Abia 

The Nigeria Midstream and Downstream Petroleum Assets Authority has issued refining licenses to 3 corporations to construct new refineries in Abia, Delta, and Edo States.

The three proposed refineries are anticipated to have a mixed refining capability of 140,000 barrels per day.

In accordance with an X submit by the NMDPRA on its official web page, the proposed refineries which have issued licenses embody:

• Eghudu Refinery Ltd in Edo state issued a 100,000 bpd refining license.
• MB Refinery and Petrochemicals Firm Ltd in Delta State issued a License to ascertain a 30,000 bpd refinery.
• HIS Refining and Petrochemical Firm Ltd. in Abia state issued a license to ascertain a ten,000 bpd refinery.

The assertion learn: “The Authority Chief Govt, Engr. Farouk Ahmed introduced a License to assemble a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to ascertain a 30,000 bpd refinery to MB Refinery and Petrochemicals Firm Ltd in Delta state, and a License to ascertain a ten,000 bpd refinery to HIS Refining and Petrochemical Firm Ltd. in Abia state.    

“These Licenses, which might add 140,000 barrels per day to Nigeria’s home refining capability, have been introduced to the MDs of the businesses.” 

The rising variety of refineries in Nigeria 

In accordance with information from the Nigerian Upstream Petroleum Regulatory Fee (NUPRC), Nigeria has 9 operational refineries, which embody the Dangote Petroleum Refinery and Petrochemicals FZE, the Warri Refinery and Petrochemical Firm, the Kaduna Refinery and Petrochemical Firm, and the Port Harcourt Refinery Firm Restricted.

Others are the Aradel Refinery, OPAC Refineries, Waltersmith Refinery and Petrochemical Firm, Duport Midstream Firm Restricted, and the Edo Refinery and Petrochemical Firm.

These refineries have a mixed refining capability of 974,500 barrels per day, with the Dangote refinery having the most important capability of 650,000 bpd. Nonetheless, nearly all of the refineries will not be producing at full capability.

In accordance with the NUPRC, the 9 refineries would require a mixed each day crude provide of 770,500 bpd and 123,480,500 barrels within the first half of 2025.

This quantity is rising with extra new refineries below development and licensed by the NMDPRA.

What it is best to know 

• Nairametrics reported that in January, the NMDPRA issued a license for the development of a ten,000 bpd refinery within the Ughelli space of Delta State to MRO Power Restricted.
• The rising variety of refineries has positioned Nigeria as a serious refining hub in Africa.
• Nonetheless, native refineries advised Nairametrics that they battle to safe crude domestically regardless of assurances given by the Federal Authorities.