Nigeria has four refineries with a combined capacity of 445,000 barrels per day (bpd): one in the north at Kaduna and three in the oil-rich Niger delta region at Warri and Port Harcourt.
How many refineries are in Nigeria?
There are currently five (5) refineries in Nigeria; of which four (4) plants are owned by the Nigerian Government through the Nigerian National Petroleum Corporation (NNPC), while the fifth is owned and operated by Niger Delta Petroleum Resources (NDPR).
Does Nigeria have refinery?
Refineries and Petrochemicals
The downstream industry in Nigeria is well established. NNPC has four refineries, two in Port Harcourt (PHRC), and one each in Kaduna (KRPC) and Warri (WRPC). The refineries have a combined installed capacity of 445,000 bpd.
What are the four refineries in Nigeria?
There are four major oil refineries: the Warri Refinery and Petrochemical Plant which can process 125,000 barrels (19,900 m3) of crude per day, the New Port Harcourt Refinery which can produce 150,000 barrels (24,000 m3) per day (there is also an ‘Old’ Port Harcourt Refinery with negligible production), as well as the …
Who owns the biggest refinery in Nigeria?
The Dangote Refinery is an oil refinery owned by the Dangote Group that is under construction in Lekki, Nigeria. When complete, it will have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world. He has invested over 7 billion US dollars.
Where is the biggest refinery in Nigeria?
Dangote refinery is a 650,000 barrels per day (bpd) integrated refinery and petrochemical project under construction in the Lekki Free Zone near Lagos, Nigeria. It is expected to be the Africa’s biggest oil refinery and the world’s biggest single-train facility, upon completion in 2020.
What is the biggest refinery in the world?
The Jamnagar Refinery Complex located in the Jamnagar Special Economic Zone (SEZ) is by far the largest oil refinery in on Earth and the de facto petroleum hub of the world.
Which is the richest oil company in Nigeria?
Shell Petroleum Tops as Richest Oil Company in Nigeria with US$388.4 billion (2018) in revenue.
Who buys Nigerian crude oil?
European countries are the largest importer of Nigerian crude oil, imported 41% of total in 2015, followed by Asia (28%), Americas (16%), and Africa (15%).
Which state has the highest oil in Nigeria?
Akwa- Ibom is currently the largest oil producing state in Nigeria after displacing Rivers state from this position. It is located in the coastal area of Nigeria and is populated by over 5 million people according to the last census. Akwa-Ibomis bordered by Rivers State, Cross River State and Abia State.
Which is the first refinery in Nigeria?
Nigeria’s first oil refinery, at Alesa Eleme near Port Harcourt, began operations in late 1965 with a capacity of 38,000 barrels per day, enough to meet domestic requirements at the time.
How much does an oil well cost in Nigeria?
A 10,000 ft well producing only 3,000 BOPD costs up to $25Million to construct. To move from current 1.5MM to 4MM BOPD requires massive well construction activities, in the order of over 800 wells per year. The associated investment is $21Billion per annum.
Who built the first refinery in Nigeria?
Shortly after independence, the Shell-BP Petroleum Development Company saw an opportunity to meet the product needs of the country. It embarked on a project to build the first refinery in the country near Port Harcourt. The 38,000 barrels per day (bpsd) Shell-BP Refinery was completed and commissioned in 1965.
Who owns Nigeria’s Oil?
Nigerian National Petroleum Corporation
|Headquarters||Abuja, FCT, Nigeria|
|Key people||Mele Kyari (GMD)|
|Products||Crude Oil, Gas, petroleum products, petrochemicals,|
How much is Dangote refinery worth?
The refinery is expected to be the world’s biggest single-train facility, upon commissioning in 2021. Estimated to cost $18bn, the refinery will produce Euro-V quality gasoline and diesel, as well as jet fuel and polypropylene. The project is expected to generate 4,000 direct and 145,000 indirect jobs.
Is Dangote Refinery Ready?
Major structural construction began, and Aliko Dangote estimated that the refinery would be mechanically complete in late 2019 and commissioned in early 2020.