low cost overseas service small scale oil refinery in lagos

                                               
                                               
                                               
                                               
                                               
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  • How can oil refineries help Nigeria?
  • The refineries can help Nigeria stop spending its scarce foreign exchange on buying fuel from abroad and support other ¡°auxiliary businesses,¡± according to Oyarekhua, an oil product trader by background. ¡°I¡¯ve seen the inefficiency in that system of importing product.¡± ¡ªWith assistance from Gina Turner.
  • Can refineries help Nigeria stop spending foreign exchange on fuel?
  • The refineries can help Nigeria stop spending its scarce foreign exchange on buying fuel from abroad and support other ¡°auxiliary businesses,¡± according to Oyarekhua, an oil product trader by background. ¡°I¡¯ve seen the inefficiency in that system of importing product.¡± Have a confidential tip for our reporters? Get in Touch
  • Could a new refinery Help Africa's biggest economy off foreign fuel?
  • (Bloomberg) ¡ª On a river bank deep in the Niger Delta a local contractor is building one of a growing number of mini refineries that the Nigerian government hopes will finally help wean Africa¡¯s biggest economy off foreign fuel.
  • Which refinery is built in Nigeria?
  • In the past 15-years, the only refinery built in Nigeria is the 1,000 BPD Ogbele Diesel Plant owned by Niger Delta Petroleum Company (NDPC) located in Bayelsa State. The U.S. Export-Import Bank has agreed to provide a loan guarantee for $10 million of the $29.8 million total cost of the 12,000 BPD to make Modular Refinery in Eket-Akwa Ibom State.
  • Why is Nigeria trying to upgrade its refineries?
  • Nigeria, which imports almost all of its fuel at a cost of about $7 billion a year, has been trying for years to upgrade its four aging state-owned refineries, decades-old plants that have a production capacity of 445,000 barrels a day.
  • How many barrels of modular refining capacity will Nigeria have?
  • At least 80,000 daily barrels of modular refining capacity is expected to be completed in the next five years, according to Simbi Wabote, head of the Nigerian oil industry¡¯s local content agency. ¡°These modular refineries have the potential to grow into massive refining clusters,¡± he said.