Nigeria Seeking Operators for State-owned Oil Refineries

August 30, 2024

© ink drop / Adobe Stock
© ink drop / Adobe Stock

Nigeria's state-owned NNPC Ltd oil company said it has started the tender process for the operation of the Warri and Kaduna refineries, which are scheduled to begin processing crude this year.

The oil refineries, which are being upgraded after being shut for several years, have the capacity to process 125,000 barrels per day (bpd) and 110,000 bpd, respectively.

Nigeria, which is Africa's biggest oil producer, is seeking operators "to ensure reliability and sustainability towards meeting the nation's fuel supply and energy security obligations," NNPC said in a public notice on Thursday.

Warri and Kaduna are among state-owned refineries that have been mothballed for years, but which the government is trying to revive to end Nigeria's reliance on imported refined products.

The tendering process for the Port Harcourt oil refinery, in the Niger Delta, opened in January and is currently ongoing, the government said.

State-owned refineries will offer an alternative to the 650,000 bpd capacity Dangote refinery, built by Africa's richest man, Aliko Dangote, on the outskirts of Lagos. It is undergoing test runs for gasoline production, with full operation expected by mid-September.


(Reuters - Reporting by Isaac Anyaogu)

Logistics News

Tanco Boosts Jeffersonville Port Capacity with $750K Fertilizer Expansion

Tanco Boosts Jeffersonville Port Capacity with $750K Fertilizer Expansion

BIO-UV Completes First Containerized Ballast Water Treatment Deployment

BIO-UV Completes First Containerized Ballast Water Treatment Deployment

Capesize Values Hit 17-Year High

Capesize Values Hit 17-Year High

Maritime and Coastguard Agency Advances Marine Safety with Multiverse Data Upskilling

Maritime and Coastguard Agency Advances Marine Safety with Multiverse Data Upskilling

Subscribe for Maritime Logistics Professional E‑News

Carney: Canada is ready to resume trade talks with the US
Sources say that the Urals freight rate to India increased in October due to high exports and tighter sanctions.
Reclining seats are another airline convenience that comes with a price.