Seven modular refineries to begin operations in 2027
Seven new modular refineries with a combined capacity of 83,000 barrels per day are projected to commence operations in Nigeria next year, an expert says. Read More: https://punchng.com/seven-modular-refineries-to-begin-operations-in-2027/
Nigeria is set to expand its modular refining sector in 2027, with seven new refineries expected to begin operations. According to Argus Media's George Maher-Bonnett, the new refineries will have a combined capacity of 83,000 barrels per day. Currently, four modular refineries operating in Nigeria possess a total capacity of 32,000 barrels per day.
Maher-Bonnett highlighted the increasing importance of modular refineries in Nigeria's petroleum products market, stating that the projected additions would account for more than two and a half times the combined capacity of the four modular refineries currently in operation. Despite a decline in fuel demand this year, attributed to higher prices, the Dangote Petroleum Refinery is contributing to improved self-sufficiency in petroleum products.
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