--Advertisement--

FULL LIST: Dangote, Waltersmith… private refineries licensed by DPR

The Department of Petroleum Resources (DPR) has published a list of private refineries with a valid permit to operate in Nigeria.

As of March 2021, the number of valid refinery project licences stood at 23, with a total capacity of 1.09 million barrels per day (bpd) .

According to the petroleum regulatory agency, the Dangote refinery is above 80.3 percent complete.

The Dangote refinery, which is expected to process 650,000 barrels per day (bpd), is an integrated refinery and petrochemical project under construction in the Lekki Free Zone, Lagos. It is expected to be the Africa’s biggest oil refinery and the world’s biggest single-train facility, upon completion.

Advertisement

Recently, the Dangote group, led by Aliyu Suleiman, its chief strategy officer, had suggested that the national assembly’s joint committee on the petroleum industry bill (PIB) include a provision that oil import licence should be granted to only companies with active refinery licences.

“Nigeria is exceptional in being a major oil producer with near-zero refining capacity. Though the Dangote Refinery will help address this, there could be periods when petroleum products may need to be imported, such as when the refinery is undergoing turnaround maintenance or if demand grows to exceed capacity,” he had said.

“To support this, licence to import any product shortfalls should be assigned only to companies with active refining licences. Import volume to be allocated between participants based on their respective production in the preceding quarter. Such import will be done under the Direct Sale Direct Purchase (DSDP) scheme.”

Advertisement

This means that the private companies should be the ones to benefit from their own failure to do what they were licensed and partly subsidised to deliver to the marketplace. This idea could prevent the forces of demand and supply from determining market trends with imports not being allowed to compete with local supply and hopefully bring about a truly competitive pricing regime.

Below is a list of private companies with a licence to operate a refinery:

S/NO NAME LOCATION STATE
1 Waltersmith Refining & Petrochemical Company Limited Ibigwe Imo
2 OPAC Refineries Umuseti, Kwale Delta
3 Niger Delta Petroleum Resources (Train 3) Ogbele Rivers
4 Dangote Oil Refinery Company Lekki Free Trade Zone Lagos
5 Edo Refinery and Petrochemical Company limited Ikpoba-Okha L.G.A. Edo
6 Lowrie Refinery Limited Ika North LGA Delta
7 Excel Refinery Limited Peretorugbene Community,

Ekeremor L.G.

ABayelsa
8 Conodit Refinery Nigeria Limited Umukwata Delta
9 Duport Midstream Egbokor, Orhionmwon L.G.A. Edo
10 Clairgold Oil & Gas Engineering Limited Koko Delta
11 Ogini Refinery Limited Ogini, Kwale Delta
12 Etopo Energy Plc Burutu Delta
13 Gasoline Associates International Limited Ipokia Ogun
14 NPDC/ND WESTERN OML 34 JV OML 34 field,

Advertisement

Ughelli East,

Ughelli North LGA

Delta
15 Frao Oil Nigeria Limited Uzere Delta
16 Kingdom Global Trading Petroleum & Gas Nig.

Ltd.

Okwagbe, Ughelli

south L.G.A

Delta
17 Resource Petroleum & Petrochemicals International

Advertisement

Incorporated

Ibeno Akwa Ibom
18 Gazingstock Petroleum Company Limited Abalagada Community,

Ndokwa East LGA

Delta
19 Amakpe International Refineries Limited Ibeno, Eket Akwa Ibom
20 Atlantic International Refineries and

Advertisement

Petrochemical Limited

Okpoama, Brass Bayelsa
21 Azikel Petroleum Limited Obunagha, Yenagoa L.G.A Bayelsa
22 Allegiance Energy and Power Limited Esit EketAkwa Ibom Stats
23 Alexis Refinery Limited Aboh, Ndokwa East L.G.A Delta

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected from copying.