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Views: 181 Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources. The DPR said on Monday that the number of valid refinery project licences stood at 23 as of March 2021, down from 44 in April 2018. An analysis of the agency’s new list of valid refinery project licences and that of April 2018 showed that 32 licences had become invalid while 11 new licences were granted between May 2018 and March 2021. As of April 2018, there were 38 proposed modular refineries with capaci...

To curb youth restiveness, oil theft and even unemployment while achieving fuel sufficiency, Chiemelie Ezeobi writes that the Ministry of Petroleum Resources has intensified the drive to encourage modular refineries In some Niger Delta communities, illegal refineries are gold mines. During a recent operation where THISDAY was embedded with naval forces in the Niger Delta, these illegal refineries have pipes running through the backyards of some houses close to the jetties from where they load these products into waiting boats. There were underground pipes connecting crude oil reservoirs suspe...

Punch Newspapers Sections Dennis Naku, Port Harcourt The Department of Petroleum Resources has said it is willing to license more modular refineries to come on stream, saying it would put an end to the problem of product scarcity in the country. The Director, Chief Executive Officer of DPR, Mr Sarki Auwalu, stated this while speaking to journalists after a tour of facilities at the Niger Delta Petroleum Resources, an indigenous oil and gas company in Ahoada, Rivers State. Auwalu said rather than going into illegal refining for lack of capacity to do proper refining, private concerns should co...

Nigeria needs as much fuel as it can refine. With the roaring into life of modular refineries, the nation’s journey to self-sufficiency has begun, Nume Ekeghe reports When President Muhammadu Buhari performed the virtual inauguration of the National Oil and Gas Excellence Centre on January 21, 2021, on one of the issues he spoke about was modular refinery. He mentioned the completion of the 5,000 barrels per day Waltersmith Modular Refinery. The refinery is near the Ibigwe marginal field flowstation in Imo State. It is the biggest commissioned modular refinery in Nigeria. The African refine...

TODAY December 23, 2020 The minister of state for petroleum resources, Timipre Sylva, says the refinery rehabilitation exercise across the country is in its final stages. Sylva was speaking at an interactive session with members of the Nigeria Guild of Editors (NGE) in Abuja on Tuesday. He said the ministry of petroleum resources has completed the plant equipment inspection and integrity study conducted in December 2019 as part of phase one of the Port Harcourt refinery rehabilitation. “The Nigerian National Petroleum Corporation (NNPC), on December 1, 2020, opened bids for the engineerin...