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 any oil refinery?
Nigeria, Africa’s most populous country, 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.
Where are the refineries in Nigeria located?
Refineries and Petrochemicals
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. A comprehensive network of pipelines and depots strategically located throughout Nigeria links these refineries.
Who Built Nigeria refineries?
The refinery was completed and commissioned by NNPC in 1989 at design capacity. After satisfying all local demands, extra products were exported efficiently. Design capacities for the three refineries are stated in Table 1.
Which is the world largest refinery?
Located in India, the Reliance Industries-owned Jamnagar Refinery led the ranking of the largest global oil refineries in 2019. In that year, the Jamnagar Refinery held a capacity of 1.24 million barrels per day, topping refineries, such as the SK Energy Co.
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%).
Where is the oldest refinery in Nigeria located?
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.
Is any refinery working 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.
Who first discovered crude oil in Nigeria?
Oloibiri Oilfield was discovered on Sunday 15 January 1956 by Shell Darcy. It was the first commercial oil discovery in Nigeria; this discovery ended 50 years of unsuccessful oil exploration in the country by various international oil companies and launched Nigeria into the limelight of the Petro-State.
Who owns the oil in Nigeria?
Shell owns two, while Mobil, Chevron, Texaco, and Agip own one each. Shell also owns the Forcados Terminal, which is capable of storing 13 million barrels (2,100,000 m3) of crude oil in conjunction with the nearby Bonny Terminal.
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.
What are the names of oil companies in Nigeria?
Top ten oil and gas companies in Nigeria!
- Shell. …
- Nigerian Agip Oil Company Limited. …
- Petrobras. …
- Total. …
- Hardy Oil and Gas Plc. …
- Nexen Inc. …
- Addax Petroleum. Addax Petroleum has a long history with the Federal Government of Nigeria. …
Which city is known for oil refineries?
Jamnagar refinery is the world’s largest oil refinery with an aggregate capacity of 1.24 million barrels per day (bpd). The refinery complex is located at Jamnagar in Gujarat, India.
Which city is famous for oil refineries?
Jamnagar Oil Refinery, GUJARAT, India.
Who is biggest oil company in the world?
Saudi Arabian Oil Co, often simply referred to as Saudi Aramco, went public in 2019 and quickly became the largest company in the world by market cap. The company is so large that it dwarfs the second-largest market capitalization by an oil company, Exxon Mobil, by a factor of 10:1.