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, an expert has said. Read More: https://punchng.com/seven-modular-refineries-to-begin-operations-in-2027/
Nigeria's modular refining sector is set to expand in 2027, with seven new refineries expected to start operations, according to Argus Media's George Maher-Bonnett. Maher-Bonnett shared this information during a presentation at the OTL Africa Downstream conference in Lagos, discussing the evolving dynamics of Nigeria's petroleum products market.
He noted that four modular refineries were already operational in September, providing a combined capacity of 32,000 barrels per day. Maher-Bonnett further revealed that seven new modular refineries will begin operations next year, increasing the total capacity by more than two and a half times to 83,000 barrels per day. While the presentation did not specify the owners, locations, or individual capacities of the seven refineries, it highlighted the significant contribution these new facilities would make to Nigeria's domestic petroleum products supply.
The presentation also emphasized the growing role of the Dangote Petroleum Refinery in enhancing the country's self-sufficiency in petroleum products, despite a decline in fuel demand.
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