Nigeria: Rich in oil but poor in refining DW 02/15/2023
According to Nigerian economist Afolabi Olowookere, whom The Guardian Nigeria cited, the oil sector's share of government revenue dropped from nearly 47%
Dangote Refinery
The Dangote Refinery is an oil refinery owned by Aliko Dangote that will be inaugurated before the end of the first quarter of 2023 [1] in Lekki, Nigeria. When in full operation, it is expected to have the capacity to process about 650,000 barrels per day of crude oil, making it the largest single-train refinery in the world.
Nigeria’s Refining Revolution PwC
Refining in Nigeria Nigeria is the second largest producer of oil in Africa, producing over 1.5 million bpd (as at January 2017). With proven crude oil reserve estimates of about
Nigeria: Rich in oil but poor in refining ?DW ?02/15/2023
Oil production has fallen to an all-time low. According to Nigerian economist Afolabi Olowookere, whom The Guardian Nigeria cited, the oil sector's share of government revenue dropped from...
Country Analysis Executive Summary: Nigeria U.S.
Nigeria’s crude oil and condensate, purchasing about 420,000 b/d in 2019. Spain and the Netherlands were the next largest importers of Nigeria ’s crude oil
Nigeria Refining Revolution - PwC
Refining in Nigeria Nigeria is the second largest producer of oil in Africa, producing over 1.5 million bpd (as at January 2017). With proven crude oil reserve estimates of about 37 billion barrels as at 2015, Nigeria boasts of about 29% of the continent's crude reserves (2nd in Africa). Nigeria is also one of the largest
Overview U.S. Energy Information Administration (EIA)
These disruptions reduced crude oil production of Nigeria’s major crude oil grades, such as Bonny Light, Brass River, and Forcados. Although crude oil output
Petroleum industry in Nigeria
Nigeria has a total of 159 oil fields and 1481 wells in operation according to the Department of Petroleum Resources. [16] The most productive region of the nation is the coastal Niger Delta Basin in the Niger Delta or "South-south" region, which encompasses 78 of the 159 oil fields. Most of Nigeria's oil fields are small and scattered, and
Analysis and Classification of Nigerian Crude Oil Types
Adeloye et al. / IJCER, 9(3), 17-24, 2022 19 0.5wt% (Sour crude oil sulphur content is above 0.5wt%), and the Watson characterization factor of the twenty (20) crude oil types
Refining in Nigeria: history, challenges and prospects
It was registered as the Nigeria Petroleum Refining Company (NPRC) in 1972 when the Government of Nigeria increased its shareholding to 60%, but it remained as a JV Company under private sector control and management (NPRC Company reports 1972). The premier refinery was debottlenecked in 1972 and a Naphtha Catalytic Refining Unit (CRU) added.